Moonpig Group (LON:MOON) Stock Price Down 4.1% - Time to Sell?

Moonpig Group PLC (LON:MOON - Get Free Report)'s share price was down 4.1% during trading on Wednesday . The company traded as low as GBX 200 ($2.46) and last traded at GBX 200 ($2.46). Approximately 876,926 shares changed hands during trading, a decline of 10% from the average daily volume of 977,709 shares. The stock had previously closed at GBX 208.50 ($2.57).

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on MOON shares. Canaccord Genuity Group raised their price target on shares of Moonpig Group from GBX 254 ($3.13) to GBX 267 ($3.29) and gave the stock a "buy" rating in a research note on Monday, December 16th. Canaccord Genuity Group lifted their target price on shares of Moonpig Group from GBX 254 ($3.13) to GBX 267 ($3.29) and gave the stock a "buy" rating in a research note on Monday, December 16th. Finally, Shore Capital reissued a "not rated" rating on shares of Moonpig Group in a research note on Tuesday, December 10th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of GBX 259.80 ($3.20).

Moonpig Group Trading Up 1.8 %

The company has a debt-to-equity ratio of 3,511.31, a quick ratio of 0.46 and a current ratio of 0.24. The company has a market capitalization of £701.87 million, a PE ratio of 2,035.00 and a beta of 1.24. The business has a fifty day moving average price of GBX 236.93 and a 200 day moving average price of GBX 218.12.

Moonpig Group Announces Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, February 20th will be given a GBX 1 ($0.01) dividend. This represents a dividend yield of 0.37%. The ex-dividend date is Thursday, February 20th.

Insiders Place Their Bets

In other news, insider Nickyl Raithatha sold 1,000,000 shares of the stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of GBX 247 ($3.04), for a total transaction of £2,470,000 ($3,039,251.88). 4.31% of the stock is owned by company insiders.

Moonpig Group Company Profile

Moonpig Group plc is a leading online greeting card and gifting platform, comprising the Moonpig, Buyagift and Red Letter Days brands in the UK and the Greetz brand in the Netherlands. The Group is the online market leader in cards in both of its core markets and is also the UK market leader in gift experiences.