Ian Harrison Purchases 4,260 Shares of Vertu Motors Plc (LON:VTU) Stock
Vertu Motors Plc (LON:VTU) insider Ian Harrison acquired 4,260 shares of the business’s stock in a transaction on Monday, August 7th. The shares were purchased at an average cost of GBX 42 ($0.55) per share, for a total transaction of £1,789.20 ($2,329.99).
Shares of Vertu Motors Plc (VTU) opened at 42.50 on Tuesday. Vertu Motors Plc has a 1-year low of GBX 38.25 and a 1-year high of GBX 52.31. The stock’s market capitalization is GBX 167.99 million. The stock has a 50 day moving average price of GBX 45.15 and a 200 day moving average price of GBX 46.54.
The business also recently announced a dividend, which was paid on Monday, July 31st. Stockholders of record on Thursday, June 29th were given a GBX 0.90 ($0.01) dividend. This is a positive change from Vertu Motors Plc’s previous dividend of $0.50. The ex-dividend date of this dividend was Thursday, June 29th. This represents a dividend yield of 1.9%.
A number of analysts have recently commented on VTU shares. Canaccord Genuity dropped their price target on Vertu Motors Plc from GBX 81 ($1.05) to GBX 75 ($0.98) and set a “buy” rating on the stock in a research report on Wednesday, July 26th. Liberum Capital restated a “buy” rating and issued a GBX 90 ($1.17) price objective on shares of Vertu Motors Plc in a report on Wednesday, July 26th.
Vertu Motors Plc Company Profile
Vertu Motors plc is an automotive retailer in the United Kingdom. The principal activity of the Company is the sale of new cars, motorcycles, and commercial vehicles and used vehicles, together with related aftersales services. The Company is engaged in the provision of management services to all subsidiary statutory entities.
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