Mony Group (LON:MONY) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Mony Group Plc (LON:MONY) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 174.63 and traded as low as GBX 173. Mony Group shares last traded at GBX 175.40, with a volume of 1,103,260 shares traded.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upgraded Mony Group to a “buy” rating and upped their price objective for the stock from GBX 205 to GBX 230 in a research note on Friday, March 27th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Mony Group currently has a consensus rating of “Buy” and an average target price of GBX 260.

Mony Group Stock Performance

The company has a market cap of £912.44 million, a P/E ratio of 11.55, a PEG ratio of 1.20 and a beta of 0.98. The company has a 50 day moving average price of GBX 166.29 and a 200-day moving average price of GBX 174.63. The company has a quick ratio of 0.71, a current ratio of 1.18 and a debt-to-equity ratio of 7.86.

Mony Group (LON:MONY) last released its quarterly earnings results on Monday, February 23rd. The company reported GBX 15.30 earnings per share (EPS) for the quarter. Mony Group had a return on equity of 36.01% and a net margin of 18.19%. Equities analysts expect that Mony Group Plc will post 19.1090909 EPS for the current fiscal year.

Insider Activity

In other news, insider Peter Duffy sold 12,118 shares of the stock in a transaction on Friday, April 10th. The stock was sold at an average price of GBX 165, for a total value of £19,994.70. Insiders acquired a total of 24,278 shares of company stock valued at $4,005,962 over the last ninety days. Corporate insiders own 7.71% of the company’s stock.

About Mony Group

MONY Group PLC is an established member of the FTSE 250 index. The Group operates a tech-led savings platform and leading UK brands including price comparison sites (MoneySuperMarket), cashback (Quidco) and a consumer finance content led brand (MoneySavingExpert). We cover a broad range of verticals including Insurance, Money, Home Services and Travel amongst others. Our purpose is to help households save money by giving them access to free online tools that enable them to compare and switch products.