Vertu Motors (LON:VTU) Share Price Passes Below 200 Day Moving Average – What’s Next?

Vertu Motors plc (LON:VTU)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 61.92 and traded as low as GBX 58. Vertu Motors shares last traded at GBX 58.06, with a volume of 461,046 shares changing hands.

Analysts Set New Price Targets

Separately, Stifel Nicolaus dropped 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 note on Thursday, March 5th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of GBX 76.

Vertu Motors Trading Down 1.0%

The company has a current ratio of 1.02, a quick ratio of 0.26 and a debt-to-equity ratio of 66.13. The stock has a market capitalization of £177.00 million, a P/E ratio of 12.01 and a beta of 0.79. The company has a 50-day moving average price of GBX 61.20 and a 200 day moving average price of GBX 61.86.

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. 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.