Mony Group (LON:MONY) Hits New 52-Week High – Here’s What Happened

Mony Group Plc (LON:MONY)’s stock price hit a new 52-week high during trading on Wednesday. The stock traded as high as GBX 214.60 and last traded at GBX 214, with a volume of 776,423 shares changing hands. The stock had previously closed at GBX 205.40.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their target price on shares of Mony Group from GBX 275 to GBX 250 and set a “buy” rating for the company in a research report on Tuesday, July 28th. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of GBX 243.33.

Mony Group Price Performance

The stock has a fifty day moving average of GBX 193.03 and a two-hundred day moving average of GBX 182.16. The company has a current ratio of 1.33, a quick ratio of 0.70 and a debt-to-equity ratio of 22.84. The stock has a market capitalization of £1.06 billion, a price-to-earnings ratio of 13.27, a PEG ratio of 1.20 and a beta of 0.97.

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.