Moonpig Group (LON:MOON) Trading Down 0.5% - Here's Why

Moonpig Group PLC (LON:MOON - Get Free Report) traded down 0.5% during mid-day trading on Monday . The stock traded as low as GBX 192 ($2.49) and last traded at GBX 198.47 ($2.57). 1,108,368 shares were traded during mid-day trading, a decline of 58% from the average session volume of 2,640,182 shares. The stock had previously closed at GBX 199.40 ($2.58).

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on MOON shares. Canaccord Genuity Group boosted their target price on shares of Moonpig Group from GBX 254 ($3.29) to GBX 267 ($3.46) and gave the stock a "buy" rating in a research note on Monday, December 16th. Canaccord Genuity Group boosted their price objective on Moonpig Group from GBX 254 ($3.29) to GBX 267 ($3.46) and gave the stock a "buy" rating in a research note on Monday, December 16th. Finally, Shore Capital restated a "not rated" rating on shares of Moonpig Group in a research report on Tuesday, December 10th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of GBX 259.80 ($3.36).

Moonpig Group Stock Down 1.4 %

The stock has a market capitalization of £706.28 million, a price-to-earnings ratio of 20.85 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. The business's 50-day moving average is GBX 214.44 and its two-hundred day moving average is GBX 222.84.

Moonpig Group Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, February 20th were issued a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 0.37%. The ex-dividend date was Thursday, February 20th.

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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.