David Crane Sells 196,736 Shares of Vertu Motors plc (LON:VTU) Stock

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

Vertu Motors Stock Performance

VTU opened at GBX 65.90 ($0.85) on Wednesday. The firm has a 50 day moving average of GBX 65.11 and a two-hundred day moving average of GBX 70.83. The firm has a market capitalization of £217.38 million, a PE ratio of 940.00 and a beta of 1.15. The company has a current ratio of 1.03, a quick ratio of 0.26 and a debt-to-equity ratio of 58.72. Vertu Motors plc has a 12-month low of GBX 56.70 ($0.74) and a 12-month high of GBX 88.02 ($1.14).

Vertu Motors Cuts Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Thursday, December 12th. This represents a dividend yield of 1.56%. Vertu Motors’s 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.