Vertu Motors plc (LON:VTU) Insider Purchases £40,000 in Stock

Vertu Motors plc (LON:VTUGet Free Report) insider Jonathan Mark Mewett purchased 50,000 shares of the business’s stock in a transaction on Friday, May 17th. The stock was acquired at an average price of GBX 80 ($1.00) per share, with a total value of £40,000 ($50,238.63).

Vertu Motors Trading Down 0.4 %

Shares of VTU stock opened at GBX 79.20 ($0.99) on Monday. Vertu Motors plc has a 52-week low of GBX 59 ($0.74) and a 52-week high of GBX 88.02 ($1.11). The company has a debt-to-equity ratio of 62.82, a quick ratio of 0.26 and a current ratio of 1.06. The firm has a market capitalization of £267.38 million, a PE ratio of 1,131.43 and a beta of 1.01. The stock has a fifty day simple moving average of GBX 69.22 and a two-hundred day simple moving average of GBX 70.93.

Vertu Motors Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 26th. Stockholders of record on Thursday, June 27th will be given a dividend of GBX 1.50 ($0.02) per share. This is a positive change from Vertu Motors’s previous dividend of $0.85. The ex-dividend date of this dividend is Thursday, June 27th. This represents a dividend yield of 1.97%. Vertu Motors’s dividend payout ratio (DPR) is presently 2,857.14%.

Vertu Motors Company Profile

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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.

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