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

Vertu Motors plc (LON:VTU)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 62.31 and traded as high as GBX 64. Vertu Motors shares last traded at GBX 62.50, with a volume of 634,986 shares changing hands.

Analyst Upgrades and Downgrades

VTU has been the topic of a number of analyst reports. Shore Capital Group reiterated a “house stock” rating on shares of Vertu Motors in a research report on Wednesday, May 13th. Stifel Nicolaus lowered their price objective on shares of Vertu Motors from GBX 78 to GBX 76 and set a “buy” rating on the stock in a research report on Thursday, March 5th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 76.

Vertu Motors Trading Up 0.8%

The business’s 50-day moving average is GBX 61.67 and its two-hundred day moving average is GBX 62.31. The company has a debt-to-equity ratio of 64.98, a quick ratio of 0.26 and a current ratio of 1.02. The stock has a market capitalization of £194.37 million, a PE ratio of 13.21 and a beta of 0.66.

Vertu Motors (LON:VTU) last issued its earnings results on Wednesday, May 13th. The company reported GBX 4.62 EPS for the quarter. The company had revenue of GBX 483.38 billion for the quarter. Vertu Motors had a net margin of 0.30% and a return on equity of 4.05%. As a group, equities research analysts anticipate that Vertu Motors plc will post 8.9391576 earnings per share for the current year.

Insider Buying and Selling at Vertu Motors

In other Vertu Motors news, insider David Crane sold 1,041,147 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of GBX 65, for a total transaction of £676,745.55. Also, insider Karen Anderson sold 524,839 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of GBX 65, for a total transaction of £341,145.35. Insiders have sold a total of 1,580,026 shares of company stock worth $102,701,690 over the last 90 days. Insiders own 4.38% of the company’s stock.

About Vertu Motors

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. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, Jeep, Kia, Volvo, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, MG, Nissan, Peugeot, Renault, SEAT, SKODA, Vauxhall, Ford, Mazda, and Toyota.