Vertu Motors (LON:VTU) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Vertu Motors plc (LON:VTU)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 57.56 ($0.79) and traded as high as GBX 63.60 ($0.87). Vertu Motors shares last traded at GBX 62.60 ($0.86), with a volume of 778,999 shares changing hands.

Vertu Motors Stock Performance

The stock’s fifty day moving average is GBX 62.51 and its two-hundred day moving average is GBX 57.56. The firm has a market capitalization of £200.85 million, a price-to-earnings ratio of 10.78 and a beta of 1.15. The company has a debt-to-equity ratio of 39.04, a quick ratio of 0.26 and a current ratio of 1.04.

Vertu Motors (LON:VTU) last released its quarterly earnings results on Wednesday, May 14th. The company reported GBX 6.58 ($0.09) earnings per share for the quarter. Vertu Motors had a net margin of 0.40% and a return on equity of 5.37%. Analysts forecast that Vertu Motors plc will post 8.9391576 earnings per share for the current year.

Insider Activity

In related news, insider David Crane purchased 2,769 shares of the firm’s stock in a transaction dated Monday, June 9th. The stock was acquired at an average price of GBX 65 ($0.89) per share, with a total value of £1,799.85 ($2,459.15). Insiders acquired 8,307 shares of company stock worth $539,955 over the last ninety days. Corporate insiders own 29.37% of the company’s stock.

Vertu Motors Company Profile

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors.