Vertu Motors (LON:VTU) Shares Pass Above Two Hundred Day Moving Average of $58.83

Vertu Motors plc (LON:VTUGet Rating)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 58.83 ($0.72) and traded as high as GBX 59.90 ($0.73). Vertu Motors shares last traded at GBX 57 ($0.70), with a volume of 454,719 shares traded.

Vertu Motors Trading Down 2.2 %

The stock has a 50-day simple moving average of GBX 56.50 and a two-hundred day simple moving average of GBX 58.83. The company has a debt-to-equity ratio of 47.15, a quick ratio of 0.22 and a current ratio of 1.07. The firm has a market cap of £198.90 million and a PE ratio of 356.25.

Vertu Motors Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, July 29th. Shareholders of record on Thursday, June 30th were given a GBX 1.05 ($0.01) dividend. This is a positive change from Vertu Motors’s previous dividend of $0.65. The ex-dividend date was Thursday, June 30th. This represents a yield of 2.19%. Vertu Motors’s payout ratio is 4.06%.

Insiders Place Their Bets

In other Vertu Motors news, insider Robert Forrester bought 39,297 shares of the firm’s stock in a transaction on Thursday, May 12th. The stock was acquired at an average price of GBX 51 ($0.62) per share, with a total value of £20,041.47 ($24,557.62). In other Vertu Motors news, insider Robert Forrester purchased 39,297 shares of Vertu Motors stock in a transaction dated Thursday, May 12th. The stock was purchased at an average price of GBX 51 ($0.62) per share, with a total value of £20,041.47 ($24,557.62). Also, insider Karen Anderson purchased 3,097 shares of Vertu Motors stock in a transaction dated Tuesday, June 7th. The shares were acquired at an average cost of GBX 58 ($0.71) per share, with a total value of £1,796.26 ($2,201.03).

About Vertu Motors

(Get Rating)

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates 150 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.

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