Moonpig Group PLC (LON:MOON) Receives Average Rating of "Buy" from Analysts

Shares of Moonpig Group PLC (LON:MOON - Get Free Report) have earned a consensus rating of "Buy" from the five ratings firms that are covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 259.80 ($3.17).

A number of equities research analysts have recently commented on the stock. Shore Capital reiterated a "not rated" rating on shares of Moonpig Group in a research report on Tuesday, December 10th. Canaccord Genuity Group increased their price objective on shares of Moonpig Group from GBX 254 ($3.10) to GBX 267 ($3.26) and gave the company a "buy" rating in a report on Monday, December 16th. Finally, Canaccord Genuity Group boosted their target price on Moonpig Group from GBX 254 ($3.10) to GBX 267 ($3.26) and gave the stock a "buy" rating in a report on Monday, December 16th.

Moonpig Group Price Performance

MOON traded down GBX 4.93 ($0.06) during midday trading on Friday, hitting GBX 198.57 ($2.42). 36,241,480 shares of the company traded hands, compared to its average volume of 6,057,295. The business has a 50 day simple moving average of GBX 235.88 and a two-hundred day simple moving average of GBX 219.22. Moonpig Group has a 52-week low of GBX 148.20 ($1.81) and a 52-week high of GBX 277.50 ($3.39). The company has a market capitalization of £684.87 million, a price-to-earnings ratio of 1,985.72 and a beta of 1.24. The company has a current ratio of 0.24, a quick ratio of 0.46 and a debt-to-equity ratio of 3,511.31.

Moonpig Group Announces Dividend

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

Insider Buying and Selling

In other news, insider Nickyl Raithatha sold 1,000,000 shares of the firm's stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of GBX 247 ($3.02), for a total transaction of £2,470,000 ($3,015,504.82). Insiders own 4.31% of the company's stock.

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.