Mony Group (LON:MONY) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Mony Group Plc (LON:MONY) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 174.63 and traded as low as GBX 173. Mony Group shares last traded at GBX 175.40, with a volume of 1,103,260 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group raised Mony Group to a “buy” rating and upped their price target for the company from GBX 205 to GBX 230 in a research report on Friday, March 27th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 260.

Mony Group Stock Performance

The stock has a market capitalization of £912.44 million, a P/E ratio of 11.55, a P/E/G ratio of 1.20 and a beta of 0.98. The stock has a 50 day moving average of GBX 166.29 and a 200 day moving average of GBX 174.63. The company has a debt-to-equity ratio of 7.86, a quick ratio of 0.71 and a current ratio of 1.18.

Mony Group (LON:MONY) last issued its quarterly earnings data on Monday, February 23rd. The company reported GBX 15.30 EPS for the quarter. Mony Group had a return on equity of 36.01% and a net margin of 18.19%. Equities analysts predict that Mony Group Plc will post 19.1090909 EPS for the current year.

Insider Buying and Selling

In related news, insider Peter Duffy sold 12,118 shares of the company’s stock in a transaction on Friday, April 10th. The stock was sold at an average price of GBX 165, for a total transaction of £19,994.70. In the last ninety days, insiders acquired 24,278 shares of company stock worth $4,005,962. 7.71% of the stock is owned by corporate insiders.

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. Our purpose is to help households save money by giving them access to free online tools that enable them to compare and switch products.