Moonpig Group (LON:MOON) Trading Down 0.1% – Should You Sell?

Moonpig Group PLC (LON:MOON)’s stock price fell 0.1% on Thursday . The company traded as low as GBX 216.95 ($2.73) and last traded at GBX 218.85 ($2.76). 724,114 shares changed hands during trading, a decline of 65% from the average session volume of 2,059,590 shares. The stock had previously closed at GBX 219 ($2.76).

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MOON. Canaccord Genuity Group upped their target price on Moonpig Group from GBX 254 ($3.20) to GBX 267 ($3.37) and gave the stock a “buy” rating in a research report on Monday, December 16th. Canaccord Genuity Group upped their target price on Moonpig Group from GBX 254 ($3.20) to GBX 267 ($3.37) and gave the stock a “buy” rating in a research report on Monday, December 16th. Finally, Shore Capital reaffirmed a “not rated” rating on shares of Moonpig Group in a research report on Tuesday, December 10th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 259.80 ($3.27).

Moonpig Group Price Performance

The firm has a market capitalization of £734.85 million, a PE ratio of 21.70 and a beta of 1.24. The business has a 50-day moving average of GBX 216.55 and a 200 day moving average of GBX 223.97. The company has a current ratio of 0.24, a quick ratio of 0.46 and a debt-to-equity ratio of 3,511.31.

Moonpig Group Announces Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, February 20th will be given a GBX 1 ($0.01) dividend. 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.