Motorpoint Group (LON:MOTR) Stock Jumps 1.4% – Here’s What Happened

Motorpoint Group Plc (LON:MOTR) shares traded up 1.4% on Monday. The stock traded as high as GBX 146 and last traded at GBX 146. Approximately 3,100 shares changed hands during trading, a decline of 96% from the average session volume of 83,424 shares. The stock had previously closed at GBX 144.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 170 target price on shares of Motorpoint Group in a research note on Monday, October 12th. Shore Capital Group reaffirmed a “house stock” rating on shares of Motorpoint Group in a research report on Friday, October 9th. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of GBX 170.

Motorpoint Group Stock Performance

The firm has a market capitalization of £117.06 million, a P/E ratio of 22.27 and a beta of 0.82. The stock has a fifty day simple moving average of GBX 138.22 and a two-hundred day simple moving average of GBX 130.99. The company has a debt-to-equity ratio of 856.92, a current ratio of 1.00 and a quick ratio of 0.12.

About Motorpoint Group

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.