Moonpig Group (LON:MOON) Shares Down 0.1% - Should You Sell?

Moonpig Group PLC (LON:MOON - Get Free Report)'s share price traded down 0.1% during trading on Thursday . The stock traded as low as GBX 216.95 ($2.76) and last traded at GBX 218.85 ($2.78). 724,114 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 2,059,590 shares. The stock had previously closed at GBX 219 ($2.78).

Analysts Set New Price Targets

A number of research analysts have recently commented on MOON shares. Canaccord Genuity Group upped their price objective on shares of Moonpig Group from GBX 254 ($3.23) to GBX 267 ($3.39) and gave the company a "buy" rating in a research note on Monday, December 16th. Shore Capital reissued a "not rated" rating on shares of Moonpig Group in a research note on Tuesday, December 10th. Finally, Canaccord Genuity Group increased their target price on Moonpig Group from GBX 254 ($3.23) to GBX 267 ($3.39) and gave the stock a "buy" rating in a research report on Monday, December 16th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of GBX 259.80 ($3.30).

Moonpig Group Trading Up 1.4 %

The firm's 50 day simple moving average is GBX 216.26 and its 200-day simple moving average is GBX 224.18. The company has a market capitalization of £738.62 million, a PE ratio of 21.81 and a beta of 1.24. The company has a quick ratio of 0.46, a current ratio of 0.24 and a debt-to-equity ratio of 3,511.31.

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Moonpig Group Dividend Announcement

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

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.