Vertu Motors (LON:VTU) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Vertu Motors plc (LON:VTU)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 61.79 and traded as low as GBX 61.30. Vertu Motors shares last traded at GBX 63.20, with a volume of 2,123,257 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of Vertu Motors in a research report on Tuesday, November 4th.

Vertu Motors Stock Performance

The company has a current ratio of 1.04, a quick ratio of 0.26 and a debt-to-equity ratio of 39.04. The stock’s 50 day moving average is GBX 62.37 and its 200 day moving average is GBX 61.78. The stock has a market capitalization of £194.36 million, a price-to-earnings ratio of 13.10 and a beta of 1.15.

Vertu Motors (LON:VTU) last announced its quarterly earnings results on Wednesday, October 8th. The company reported GBX 4.46 earnings per share (EPS) for the quarter. Vertu Motors had a net margin of 0.40% and a return on equity of 5.37%. On average, analysts predict that Vertu Motors plc will post 8.9391576 earnings per share for the current year.

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.