Mony Group (LON:MONY) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Mony Group Plc (LON:MONYGet Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 173.85 and traded as high as GBX 181.60. Mony Group shares last traded at GBX 177.10, with a volume of 1,182,765 shares changing hands.

Wall Street Analyst Weigh In

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

Get Our Latest Stock Report on MONY

Mony Group Price Performance

The company has a debt-to-equity ratio of 7.86, a current ratio of 1.18 and a quick ratio of 0.71. The company has a market cap of £920.76 million, a P/E ratio of 11.65, a PEG ratio of 1.20 and a beta of 0.98. The company has a fifty day simple moving average of GBX 168.16 and a 200-day simple moving average of GBX 173.85.

Insider Buying and Selling

In other news, insider Peter Duffy sold 12,118 shares of Mony Group stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of GBX 165, for a total value of £19,994.70. Insiders have bought 24,278 shares of company stock worth $4,005,962 over the last ninety days. 7.71% of the stock is currently owned by corporate insiders.

Mony Group Company Profile

(Get Free Report)

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.

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