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

Mony Group Plc (LON:MONY) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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 changing hands.

Analyst Upgrades and Downgrades

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

Mony Group Price Performance

The stock has a market cap of £1.09 billion, a price-to-earnings ratio of 14.33, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67. The stock has a fifty day simple moving average of GBX 192.50 and a 200-day simple moving average of GBX 197.08. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 32.86.

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

Insider Buying and Selling at Mony Group

In other news, insider Rakesh Sharma acquired 5,030 shares of the firm’s stock in a transaction dated Monday, February 17th. The shares were bought at an average price of GBX 199 ($2.58) per share, with a total value of £10,009.70 ($13,001.30). Insiders have acquired 5,262 shares of company stock valued at $1,045,894 in the last 90 days. 9.15% of the stock is currently owned by insiders.

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.