Moonpig Group (LON:MOON) Shares Down 0.2% - Should You Sell?

Moonpig Group PLC (LON:MOON - Get Free Report) shares were down 0.2% during trading on Monday . The stock traded as low as GBX 218 ($2.70) and last traded at GBX 226 ($2.80). Approximately 2,865,433 shares changed hands during trading, an increase of 10% from the average daily volume of 2,608,802 shares. The stock had previously closed at GBX 226.50 ($2.81).

Analyst Upgrades and Downgrades

MOON has been the topic of a number of research analyst reports. Canaccord Genuity Group raised their target price on Moonpig Group from GBX 254 ($3.15) to GBX 267 ($3.31) and gave the company a "buy" rating in a report on Monday, December 16th. Canaccord Genuity Group raised their price objective on Moonpig Group from GBX 254 ($3.15) to GBX 267 ($3.31) and gave the company 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, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of GBX 259.80 ($3.22).

Moonpig Group Trading Down 1.9 %

The business has a 50 day moving average of GBX 222.41 and a two-hundred day moving average of GBX 222.65. The firm has a market capitalization of £763.23 million, a price-to-earnings ratio of 2,212.90 and a beta of 1.24. 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.

Moonpig Group Announces Dividend

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

About Moonpig Group

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.