Insider Selling: Vertu Motors plc (LON:VTU) Insider Sells £129,845.76 in Stock

Vertu Motors plc (LON:VTU) insider David Crane sold 196,736 shares of the business’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of GBX 66 ($0.86), for a total transaction of £129,845.76 ($168,390.30).

Vertu Motors Trading Up 0.3 %

LON:VTU opened at GBX 67.50 ($0.88) on Friday. The stock has a market cap of £222.66 million, a PE ratio of 958.56 and a beta of 1.15. Vertu Motors plc has a fifty-two week low of GBX 56.70 ($0.74) and a fifty-two week high of GBX 88.02 ($1.14). 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 stock’s 50-day moving average is GBX 64.88 and its two-hundred day moving average is GBX 70.80.

Vertu Motors Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, January 17th. Shareholders of record on Thursday, December 12th will be paid a dividend of GBX 0.90 ($0.01) per share. This represents a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, December 12th. Vertu Motors’s dividend payout ratio (DPR) 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.