Mony Group (LON:MONY) Posts Quarterly Earnings Results

Mony Group (LON:MONY - Get Free Report) issued its quarterly earnings results on Monday. The company reported GBX 17.10 ($0.22) earnings per share for the quarter, Digital Look Earnings reports. Mony Group had a return on equity of 34.74% and a net margin of 17.25%.

Mony Group Stock Up 1.8 %

Shares of MONY traded up GBX 3.57 ($0.05) during mid-day trading on Wednesday, reaching GBX 203.57 ($2.57). 4,372,828 shares of the stock traded hands, compared to its average volume of 2,591,204. The stock has a fifty day simple moving average of GBX 190.44 and a 200 day simple moving average of GBX 199.75. Mony Group has a 12-month low of GBX 179.20 ($2.26) and a 12-month high of GBX 253.20 ($3.19). 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 firm has a market cap of £1.09 billion, a price-to-earnings ratio of 14.25, a P/E/G ratio of 1.20 and a beta of 0.67.

Insider Activity

In other Mony Group news, insider Rakesh Sharma purchased 5,030 shares of the business's stock in a transaction that occurred on Monday, February 17th. The shares were acquired at an average price of GBX 199 ($2.51) per share, for a total transaction of £10,009.70 ($12,627.35). Over the last three months, insiders bought 5,186 shares of company stock worth $1,030,922. 9.15% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised their price target on Mony Group from GBX 290 ($3.66) to GBX 300 ($3.78) and gave the stock a "buy" rating in a research note on Monday.

Mony Group Company Profile

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.