Moonpig Group (LON:MOON) Insider Andy MacKinnon Sells 173,645 Shares of Company Stock

Moonpig Group PLC (LON:MOON) insider Andy MacKinnon sold 173,645 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of GBX 272, for a total value of £472,314.40.

Moonpig Group Stock Performance

Shares of MOON opened at GBX 268.40 on Tuesday. The company has a market capitalization of £785.83 million, a PE ratio of 17.21 and a beta of 0.97. Moonpig Group PLC has a one year low of GBX 193.40 and a one year high of GBX 293. The company has a debt-to-equity ratio of -216.13, a current ratio of 0.21 and a quick ratio of 0.46. The company’s fifty day moving average price is GBX 274.36 and its 200 day moving average price is GBX 242.30.

Wall Street Analyst Weigh In

MOON has been the topic of several research reports. Berenberg Bank restated a “buy” rating and set a GBX 300 price target on shares of Moonpig Group in a research note on Wednesday, September 16th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 235 price objective on shares of Moonpig Group in a report on Friday, June 26th. Jefferies Financial Group restated a “buy” rating and set a GBX 315 price objective on shares of Moonpig Group in a research report on Thursday, June 25th. Finally, Canaccord Genuity Group cut their target price on Moonpig Group from GBX 310 to GBX 300 and set a “buy” rating for the company in a research note on Friday, June 26th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 289.17.

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. The Moonpig brand also operates in Ireland, Australia and the United States.

The Group’s leading customer proposition includes an extensive range of cards, a curated range of gifts, personalisation features and next day delivery offering.