Mony Group (LON:MONY) Share Price Passes Above 200 Day Moving Average - Time to Sell?

Mony Group Plc (LON:MONY - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 196.68 ($2.55) and traded as high as GBX 205 ($2.65). Mony Group shares last traded at GBX 204.60 ($2.65), with a volume of 27,756,350 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank increased their target price on Mony Group from GBX 290 ($3.75) to GBX 300 ($3.88) and gave the stock a "buy" rating in a report on Monday, February 17th.

Mony Group Price Performance

The company has a debt-to-equity ratio of 32.86, a current ratio of 0.82 and a quick ratio of 0.71. The stock has a market capitalization of £1.11 billion, a price-to-earnings ratio of 14.50, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67. The company has a 50-day simple moving average of GBX 195.78 and a two-hundred day simple moving average of GBX 196.83.

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

Mony Group Increases Dividend

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

Insiders Place Their Bets

In other Mony Group news, insider Rakesh Sharma bought 5,030 shares of Mony Group stock in a transaction on Monday, February 17th. The stock was purchased at an average cost of GBX 199 ($2.58) per share, for a total transaction of £10,009.70 ($12,955.86). In the last three months, insiders have bought 5,262 shares of company stock worth $1,045,894. Corporate insiders own 9.15% of the company's stock.

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.