Mony Group (LON:MONY) Sets New 52-Week Low - Here's What Happened

Shares of Mony Group Plc (LON:MONY - Get Free Report) hit a new 52-week low on Monday . The company traded as low as GBX 174 ($2.28) and last traded at GBX 180.66 ($2.36), with a volume of 10405215 shares trading hands. The stock had previously closed at GBX 189.20 ($2.48).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upped their target price on shares of Mony Group from GBX 290 ($3.80) to GBX 300 ($3.93) and gave the stock a "buy" rating in a research note on Monday, February 17th.

Mony Group Stock Performance

The stock has a market capitalization of £979.68 million, a PE ratio of 12.85, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67. The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 32.86. The stock has a fifty day moving average of GBX 196.39 and a 200-day moving average of GBX 195.48.

Mony Group (LON:MONY - Get Free Report) last announced its quarterly earnings data on Monday, February 17th. The company reported GBX 17.10 ($0.22) earnings per share (EPS) for the quarter. Mony Group had a return on equity of 34.74% and a net margin of 17.25%. Equities analysts anticipate that Mony Group Plc will post 19.1090909 earnings per share for the current fiscal year.

Mony Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 16th. Shareholders of record on Thursday, April 10th will be issued a dividend of GBX 9.20 ($0.12) per share. This represents a yield of 4.45%. The ex-dividend date of this dividend is Thursday, April 10th. This is a boost from Mony Group's previous dividend of $3.30. Mony Group's payout ratio is 83.99%.

Insider Activity

In other Mony Group news, insider Peter Duffy sold 53,668 shares of the firm's stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of GBX 202 ($2.64), for a total transaction of £108,409.36 ($141,897.07). Also, insider Rakesh Sharma bought 5,030 shares of the stock in a transaction dated Monday, February 17th. The stock was bought at an average price of GBX 199 ($2.60) per share, with a total value of £10,009.70 ($13,101.70). In the last three months, insiders have bought 5,184 shares of company stock worth $1,030,918. 9.15% of the stock is currently 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.