Vertu Motors (LON:VTU) Insider Sells £676,745.55 in Stock

Vertu Motors plc (LON:VTU) insider David Crane sold 1,041,147 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of GBX 65, for a total value of £676,745.55.

David Crane also recently made the following trade(s):

• On Wednesday, May 13th, David Crane sold 14,040 shares of Vertu Motors stock. The stock was sold at an average price of GBX 65, for a total transaction of £9,126.

Vertu Motors Price Performance

Vertu Motors stock traded down GBX 0.46 during trading hours on Thursday, reaching GBX 64.04. 214,058 shares of the stock were exchanged, compared to its average volume of 582,302. The company has a market cap of £197.59 million, a P/E ratio of 13.43 and a beta of 0.76. The company has a current ratio of 1.02, a quick ratio of 0.26 and a debt-to-equity ratio of 66.13. Vertu Motors plc has a twelve month low of GBX 55 and a twelve month high of GBX 67. The stock has a 50 day moving average of GBX 61.14 and a two-hundred day moving average of GBX 62.29.

Vertu Motors (LON:VTU) last issued its earnings results on Wednesday, May 13th. The company reported GBX 4.62 EPS for the quarter. Vertu Motors had a net margin of 0.34% and a return on equity of 4.55%. The company had revenue of GBX 483.38 billion during the quarter. Equities analysts expect that Vertu Motors plc will post 8.9391576 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

VTU has been the subject of several recent analyst reports. Shore Capital Group restated a “house stock” rating on shares of Vertu Motors in a research report on Wednesday. Stifel Nicolaus dropped their price target on Vertu Motors from GBX 78 to GBX 76 and set a “buy” rating for the company in a research note on Thursday, March 5th. 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 an average price target of GBX 76.

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. 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.