Moonpig Group PLC (LON:MOON) Given Average Recommendation of “Buy” by Analysts

Shares of Moonpig Group PLC (LON:MOON) have earned an average rating of “Buy” from the five analysts that are currently covering the company, MarketBeat reports. Five analysts have rated the stock with a buy recommendation. The average 12 month price target among brokers that have covered the stock in the last year is GBX 259.80 ($3.26).

Several equities research analysts have recently issued reports on MOON shares. Canaccord Genuity Group raised their target price on Moonpig Group from GBX 254 ($3.18) to GBX 267 ($3.35) and gave the company a “buy” rating in a research report on Monday, December 16th. Canaccord Genuity Group raised their price objective on shares of Moonpig Group from GBX 254 ($3.18) to GBX 267 ($3.35) and gave the stock a “buy” rating in a report on Monday, December 16th. Finally, Shore Capital reiterated a “not rated” rating on shares of Moonpig Group in a research note on Tuesday, December 10th.

Moonpig Group Stock Performance

Shares of Moonpig Group stock opened at GBX 214.50 ($2.69) on Wednesday. The business’s fifty day simple moving average is GBX 244.71 and its 200 day simple moving average is GBX 213.49. 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 has a 12 month low of GBX 148.20 ($1.86) and a 12 month high of GBX 277.50 ($3.48). The firm has a market capitalization of £739.81 million, a P/E ratio of 2,145.00 and a beta of 1.24.

Moonpig Group Dividend Announcement

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

Insiders Place Their Bets

In other news, insider Nickyl Raithatha sold 1,000,000 shares of Moonpig Group stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of GBX 247 ($3.10), for a total value of £2,470,000 ($3,096,402.16). Company insiders own 4.31% of the company’s stock.

Moonpig Group Company Profile

Moonpig Group PLC, together with its subsidiaries, provides online greeting cards and gifts in the Netherlands and the United Kingdom. The company sells its products under the Moonpig, Buyagift, RedLetterdays, and Greetz brands through website and mobile app. Moonpig Group PLC was founded in 2000 and is headquartered in London, the United Kingdom.