Mony Group (LON:MONY) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Mony Group Plc (LON:MONY) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 194.43 ($2.56) and traded as high as GBX 211.40 ($2.79). Mony Group shares last traded at GBX 208.40 ($2.75), with a volume of 1,431,339 shares.

Analyst Ratings Changes

Separately, Berenberg Bank raised their target price on Mony Group from GBX 290 ($3.82) to GBX 300 ($3.95) and gave the stock a “buy” rating in a research note on Monday, February 17th.

Mony Group Stock Up 0.5%

The business has a fifty day moving average of GBX 198.68 and a 200 day moving average of GBX 194.43. The company has a market capitalization of £1.11 billion, a PE ratio of 14.59, a PEG ratio of 1.20 and a beta of 0.67. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 32.86.

Mony Group (LON:MONY) last announced its earnings results on Monday, February 17th. The company reported GBX 17.10 ($0.23) EPS for the quarter. Mony Group had a return on equity of 34.74% and a net margin of 17.25%. Equities research analysts anticipate that Mony Group Plc will post 19.1090909 EPS for the current year.

Mony Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 16th. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 9.20 ($0.12) per share. This represents a dividend yield of 4.45%. The ex-dividend date is Thursday, April 10th. This is a positive change from Mony Group’s previous dividend of $3.30. Mony Group’s dividend payout ratio (DPR) is 83.99%.

Insider Transactions at Mony Group

In related news, insider Rakesh Sharma bought 5,030 shares of the stock in a transaction on Monday, February 17th. The shares were bought at an average cost of GBX 199 ($2.62) per share, for a total transaction of £10,009.70 ($13,188.01). Also, insider Peter Duffy sold 53,668 shares of Mony Group stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of GBX 202 ($2.66), for a total value of £108,409.36 ($142,831.83). Corporate insiders own 9.15% of the company’s stock.

About Mony Group

MONY Group PLC is an established member of the FTSE 250 index. The Group operates a tech-led savings platform and leading UK brands including price comparison sites (MoneySuperMarket), cashback (Quidco) and a consumer finance content led brand (MoneySavingExpert). We cover a broad range of verticals including Insurance, Money, Home Services and Travel amongst others.