Motorpoint Group (LON:MOTR) Sets New 1-Year High – Here’s Why

Shares of Motorpoint Group Plc (LON:MOTR – Get Free Report) hit a new 52-week high during mid-day trading on Friday. The company traded as high as GBX 148 and last traded at GBX 146.50, with a volume of 33,472 shares. The stock had previously closed at GBX 148.

Analyst Upgrades and Downgrades

MOTR has been the topic of a number of research analyst reports. Deutsche Bank reissued a “buy” rating and set a GBX 170 price target on shares of Motorpoint Group in a report on Monday, October 12th. Shore Capital Group reaffirmed a “house stock” rating on shares of Motorpoint Group in a report on Friday, October 9th. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of GBX 170.

Check Out Our Latest Research Report on MOTR

Motorpoint Group Price Performance

The stock has a 50-day moving average of GBX 140.60 and a two-hundred day moving average of GBX 131.23. The firm has a market cap of £116.66 million, a price-to-earnings ratio of 22.20 and a beta of 0.82. The company has a current ratio of 0.99, a quick ratio of 0.12 and a debt-to-equity ratio of 294.96.

Motorpoint Group (LON:MOTR – Get Free Report) last released its earnings results on Wednesday, November 11th. The company reported GBX 5.90 earnings per share (EPS) for the quarter. Motorpoint Group had a return on equity of 29.00% and a net margin of 0.60%. The company had revenue of £686.70 million during the quarter. On average, analysts anticipate that Motorpoint Group Plc will post 3.51 EPS for the current year.

About Motorpoint Group

(Get Free Report)

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.

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