Motorpoint Group (LON:MOTR) Hits New 1-Year High – Time to Buy?

Motorpoint Group Plc (LON:MOTR)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 174.50 ($2.27) and last traded at GBX 173 ($2.25), with a volume of 27948 shares trading hands. The stock had previously closed at GBX 171 ($2.22).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of Motorpoint Group in a research report on Tuesday, October 8th.

Motorpoint Group Price Performance

The company has a fifty day moving average of GBX 151.32 and a 200-day moving average of GBX 144.51. The stock has a market cap of £146.20 million, a PE ratio of -1,922.22 and a beta of 1.00. The company has a current ratio of 1.20, a quick ratio of 0.12 and a debt-to-equity ratio of 422.83.

Motorpoint Group Company Profile

Motorpoint Group Plc operates as independent omnichannel vehicle retailer in the United Kingdom. It operates through Retail and Wholesale segments. The company also offers new cars that are under four years old or have completed less than 30,000 miles; and range of commercial vehicles under the Motorpoint brand.