Mony Group (LON:MONY) Stock Breaks Above 200 Day Moving Average – Here’s What Happened

Mony Group Plc (LON:MONY) passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of GBX 183.01 and traded as high as GBX 204. Mony Group shares last traded at GBX 192.40, with a volume of 834,460 shares.

Analysts Set New Price Targets

Separately, Berenberg Bank decreased their price objective on shares of 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 research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Mony Group currently has a consensus rating of “Buy” and a consensus target price of GBX 243.33.

Mony Group Stock Up 1.4%

The company has a market cap of £919.73 million, a P/E ratio of 11.52, a P/E/G ratio of 1.20 and a beta of 0.98. The stock has a 50-day moving average of GBX 199.91 and a two-hundred day moving average of GBX 183.10. The company has a debt-to-equity ratio of 22.84, a quick ratio of 0.70 and a current ratio of 1.33.

Mony Group (LON:MONY) last announced its quarterly earnings data on Tuesday, July 21st. The company reported GBX 9.70 earnings per share 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 fiscal 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.