Mony Group (LON:MONY) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Mony Group Plc (LON:MONY)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 197.08 ($2.56) and traded as high as GBX 204.80 ($2.66). Mony Group shares last traded at GBX 204.80 ($2.66), with a volume of 1,420,253 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upped their price objective on Mony Group from GBX 290 ($3.77) to GBX 300 ($3.90) and gave the stock a “buy” rating in a research report on Monday, February 17th.

Mony Group Stock Down 1.3 %

The company has a market capitalization of £1.09 billion, a P/E ratio of 14.28, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67. The company has a debt-to-equity ratio of 32.86, a quick ratio of 0.71 and a current ratio of 0.82. The firm’s fifty day moving average is GBX 192.86 and its 200-day moving average is GBX 197.

Mony Group (LON:MONY) last posted its earnings results on Monday, February 17th. The company reported GBX 17.10 ($0.22) earnings per share for the quarter. Mony Group had a net margin of 17.25% and a return on equity of 34.74%. As a group, equities research analysts predict that Mony Group Plc will post 19.1090909 EPS for the current year.

Mony Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 16th. Stockholders of record on Thursday, April 10th will be paid a dividend of GBX 9.20 ($0.12) per share. This represents a dividend yield of 4.45%. This is a positive change from Mony Group’s previous dividend of $3.30. The ex-dividend date of this dividend is Thursday, April 10th. Mony Group’s dividend payout ratio (DPR) is presently 83.99%.

Insider Transactions at Mony Group

In other news, insider Rakesh Sharma purchased 5,030 shares of the company’s stock in a transaction dated Monday, February 17th. The shares were purchased at an average price of GBX 199 ($2.59) per share, for a total transaction of £10,009.70 ($13,013.13). Over the last three months, insiders have bought 5,262 shares of company stock worth $1,045,894. Insiders own 9.15% of the company’s stock.

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.