Mony Group (LON:MONY) Shares Cross Above 200 Day Moving Average – Time to Sell?

Mony Group Plc (LON:MONYGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 173.58 and traded as high as GBX 186.10. Mony Group shares last traded at GBX 182.80, with a volume of 739,847 shares trading hands.

Wall Street Analyst Weigh In

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

View Our Latest Stock Report on Mony Group

Mony Group Trading Down 0.3%

The company has a market capitalization of £945.89 million, a price-to-earnings ratio of 12.03, a P/E/G ratio of 1.20 and a beta of 0.98. The company has a quick ratio of 0.71, a current ratio of 1.18 and a debt-to-equity ratio of 7.86. The company’s 50 day simple moving average is GBX 172.48 and its two-hundred day simple moving average is GBX 173.58.

Insiders Place Their Bets

In other Mony Group news, insider Peter Duffy sold 12,118 shares of the firm’s stock in a transaction 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 purchased 24,361 shares of company stock valued at $4,020,902 in the last three months. 7.89% of the stock is owned by company insiders.

About Mony Group

(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.

Further Reading

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