Moonpig Group PLC (LON:MOON) Given Consensus Rating of “Buy” by Brokerages

Moonpig Group PLC (LON:MOON) has received an average recommendation of “Buy” from the five ratings firms that are currently covering the stock, MarketBeat reports. Five analysts have rated the stock with a buy recommendation. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 259.80 ($3.16).

Several equities analysts have recently commented on MOON shares. Canaccord Genuity Group upped their target price on Moonpig Group from GBX 254 ($3.09) to GBX 267 ($3.25) and gave the company a “buy” rating in a report on Monday, December 16th. Canaccord Genuity Group upped their price objective on Moonpig Group from GBX 254 ($3.09) to GBX 267 ($3.25) and gave the stock a “buy” rating in a research note 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.

Insider Transactions at Moonpig Group

In related news, insider Nickyl Raithatha sold 1,000,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of GBX 247 ($3.01), for a total transaction of £2,470,000 ($3,005,231.78). Company insiders own 4.31% of the company’s stock.

Moonpig Group Price Performance

Shares of LON:MOON opened at GBX 209.15 ($2.54) on Friday. The company has a market cap of £721.37 million, a PE ratio of 2,091.52 and a beta of 1.24. Moonpig Group has a fifty-two week low of GBX 148.20 ($1.80) and a fifty-two week high of GBX 277.50 ($3.38). The firm has a 50-day simple moving average of GBX 231.52 and a 200 day simple moving average of GBX 220.27. The company has a quick ratio of 0.46, a current ratio of 0.24 and a debt-to-equity ratio of 3,511.31.

Moonpig Group Announces Dividend

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

Moonpig Group Company Profile

Moonpig Group plc is a leading online greeting card and gifting platform, comprising the Moonpig, Buyagift and Red Letter Days brands in the UK and the Greetz brand in the Netherlands. The Group is the online market leader in cards in both of its core markets and is also the UK market leader in gift experiences.