Vertu Motors (LON:VTU) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Shares of Vertu Motors plc (LON:VTU) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 65.03 ($0.81) and traded as low as GBX 53.70 ($0.67). Vertu Motors shares last traded at GBX 54.10 ($0.68), with a volume of 142,029 shares.

Vertu Motors Stock Performance

The company has a debt-to-equity ratio of 58.72, a current ratio of 1.03 and a quick ratio of 0.26. The company has a market capitalization of £184.07 million, a PE ratio of 797.14 and a beta of 1.15. The stock has a 50-day simple moving average of GBX 59.14 and a 200 day simple moving average of GBX 64.77.

Insider Transactions at Vertu Motors

In other news, insider David Crane sold 196,736 shares of the stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of GBX 66 ($0.82), for a total value of £129,845.76 ($162,124.81). Corporate insiders own 29.37% of the company’s stock.

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.