Mony Group (LON:MONY) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Mony Group Plc (LON:MONY) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 175.39 and traded as high as GBX 203.80. Mony Group shares last traded at GBX 201.65, with a volume of 93,230,570 shares traded.

Analyst Ratings Changes

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

Mony Group Trading Down 2.8%

The company’s fifty day moving average is GBX 190.22 and its two-hundred day moving average is GBX 175.52. The company has a debt-to-equity ratio of 22.84, a quick ratio of 0.70 and a current ratio of 1.33. The company has a market cap of £1.04 billion, a price-to-earnings ratio of 12.88, a P/E/G ratio of 1.20 and a beta of 0.97.

Mony Group (LON:MONY) last announced its quarterly earnings data on Tuesday, July 21st. The company reported GBX 9.70 EPS for the quarter. Mony Group had a net margin of 18.25% and a return on equity of 37.46%. On average, research analysts anticipate that Mony Group Plc will post 19.1090909 EPS for the current year.

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.