Motorpoint Group (LON:MOTR) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

Motorpoint Group Plc (LON:MOTR) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 124.03 ($1.61) and traded as low as GBX 121.50 ($1.57). Motorpoint Group shares last traded at GBX 121.50 ($1.57), with a volume of 43,953 shares trading hands.

Motorpoint Group Stock Down 1.2 %

The stock has a market capitalization of £102.76 million, a P/E ratio of -12.98 and a beta of 1.00. The stock’s 50 day simple moving average is GBX 124.03 and its 200 day simple moving average is GBX 137.30. The company has a current ratio of 1.20, a quick ratio of 0.12 and a debt-to-equity ratio of 422.83.

Insider Transactions at Motorpoint Group

In other Motorpoint Group news, insider Mark Carpenter sold 50,000 shares of the company’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of GBX 121 ($1.57), for a total transaction of £60,500 ($78,367.88). Corporate insiders own 18.06% of the company’s stock.

Motorpoint Group Company Profile

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.