Mony Group (LON:MONY) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

Shares of Mony Group Plc (LON:MONY) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 196.78 ($2.56) and traded as high as GBX 202 ($2.62). Mony Group shares last traded at GBX 201.20 ($2.61), with a volume of 803,295 shares trading hands.

Wall Street Analysts Forecast Growth

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

Mony Group Price Performance

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 stock’s 50 day simple moving average is GBX 196.69 and its two-hundred day simple moving average is GBX 196.78. The firm has a market capitalization of £1.07 billion, a PE ratio of 14.08, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67.

Mony Group (LON:MONY) last released its quarterly earnings data on Monday, February 17th. The company reported GBX 17.10 ($0.22) earnings per share for the quarter. Mony Group had a return on equity of 34.74% and a net margin of 17.25%. On average, sell-side analysts forecast that Mony Group Plc will post 19.1090909 EPS for the current year.

Mony Group Increases Dividend

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

Insiders Place Their Bets

In other Mony Group news, insider Rakesh Sharma bought 5,030 shares of the business’s stock in a transaction on Monday, February 17th. The stock was bought at an average price of GBX 199 ($2.58) per share, with a total value of £10,009.70 ($12,997.92). Insiders have bought 5,262 shares of company stock valued at $1,045,894 over the last ninety days. Company insiders own 9.15% of the company’s stock.

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.