Vertu Motors plc (LON:VTU) Insider Robert Forrester Sells 1,000,000 Shares

Vertu Motors plc (LON:VTU) insider Robert Forrester sold 1,000,000 shares of the company’s stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of GBX 74 ($0.94), for a total transaction of £740,000 ($938,728.91).

Vertu Motors Stock Down 2.5 %

Shares of VTU stock opened at GBX 72.80 ($0.92) on Friday. The firm has a fifty day moving average of GBX 76.20 and a 200-day moving average of GBX 70.54. The company has a quick ratio of 0.26, a current ratio of 1.03 and a debt-to-equity ratio of 58.72. Vertu Motors plc has a 12-month low of GBX 62.10 ($0.79) and a 12-month high of GBX 88.02 ($1.12). The company has a market capitalization of £242.58 million, a price-to-earnings ratio of 1,067.14 and a beta of 1.01.

Vertu Motors Increases Dividend

The business 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 an increase 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 is currently 2,857.14%.

Vertu Motors Company Profile

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.