Mony Group (LON:MONY) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Mony Group Plc (LON:MONY) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 179.31 and traded as high as GBX 200.60. Mony Group shares last traded at GBX 196.10, with a volume of 789,268 shares.

Wall Street Analyst Weigh In

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

Mony Group Stock Down 1.2%

The firm has a 50-day simple moving average of GBX 199.78 and a 200 day simple moving average of GBX 179.69. The stock has a market capitalization of £1.02 billion, a P/E ratio of 12.69, a P/E/G ratio of 1.20 and a beta of 0.98. The company has a debt-to-equity ratio of 22.84, a current ratio of 1.33 and a quick ratio of 0.70.

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

Mony Group Company Profile

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.