Vertu Motors (LON:VTU) Stock Price Crosses Above 200-Day Moving Average of $69.18

Vertu Motors plc (LON:VTU) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 69.18 ($0.85) and traded as high as GBX 86.70 ($1.06). Vertu Motors shares last traded at GBX 84.30 ($1.04), with a volume of 1,061,832 shares changing hands.

Vertu Motors Stock Down 0.7 %

The company has a debt-to-equity ratio of 62.82, a current ratio of 1.06 and a quick ratio of 0.26. The stock has a market capitalization of £290.31 million, a PE ratio of 1,209.66 and a beta of 1.09. The company has a 50 day moving average price of GBX 74.90 and a 200-day moving average price of GBX 69.40.

Vertu Motors Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, January 19th. Investors of record on Thursday, December 14th will be given a dividend of GBX 0.85 ($0.01) per share. This represents a dividend yield of 1.21%. The ex-dividend date of this dividend is Thursday, December 14th. Vertu Motors’s dividend payout ratio is currently 2,857.14%.

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.