Shares of Motorpoint Group Plc (LON:MOTR – Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 126.57 and traded as low as GBX 122. Motorpoint Group shares last traded at GBX 122, with a volume of 113,149 shares trading hands.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on MOTR shares. Deutsche Bank Aktiengesellschaft decreased their target price on Motorpoint Group from GBX 180 to GBX 170 and set a “buy” rating for the company in a report on Tuesday, June 16th. Shore Capital Group reissued a “house stock” rating on shares of Motorpoint Group in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 170.
View Our Latest Stock Analysis on Motorpoint Group
Motorpoint Group Stock Performance
Motorpoint Group (LON:MOTR – Get Free Report) last announced its quarterly earnings results on Wednesday, June 10th. The company reported GBX 6.60 earnings per share for the quarter. The company had revenue of GBX 126.86 billion for the quarter. Motorpoint Group had a return on equity of 22.27% and a net margin of 0.44%. On average, research analysts predict that Motorpoint Group Plc will post 3.5133843 EPS for the current year.
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.
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