Vertu Motors (LON:VTU) Stock Passes Below 200 Day Moving Average – Time to Sell?

Vertu Motors plc (LON:VTU) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 65.73 ($0.80) and traded as low as GBX 53.70 ($0.66). Vertu Motors shares last traded at GBX 55.90 ($0.68), with a volume of 462,210 shares.

Vertu Motors Trading Up 1.1 %

The firm has a 50 day simple moving average of GBX 60.61 and a 200 day simple moving average of GBX 65.73. The company has a debt-to-equity ratio of 58.72, a quick ratio of 0.26 and a current ratio of 1.03. The firm has a market cap of £186.38 million, a P/E ratio of 807.14 and a beta of 1.15.

Insiders Place Their Bets

In other news, insider David Crane sold 196,736 shares of Vertu Motors stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of GBX 66 ($0.81), for a total transaction of £129,845.76 ($158,929.94). 29.37% of the stock is owned by corporate insiders.

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.