Mony Group (LON:MONY) Shares Pass 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.

Analysts Set New Price Targets

Separately, Berenberg Bank raised their target price 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 Trading Up 1.4 %

The company has a 50-day simple moving average of GBX 192.50 and a 200-day simple moving average of GBX 197.08. 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 has a market cap of £1.09 billion, a P/E ratio of 14.33, a P/E/G ratio of 1.20 and a beta of 0.67.

Mony Group (LON:MONY) last issued its quarterly earnings data 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%. On average, sell-side analysts forecast that Mony Group Plc will post 19.1090909 EPS for the current fiscal year.

Insider Buying and Selling at Mony Group

In other news, insider Rakesh Sharma bought 5,030 shares of the stock in a transaction dated Monday, February 17th. The stock was bought at an average cost of GBX 199 ($2.58) per share, with a total value of £10,009.70 ($13,001.30). In the last quarter, insiders acquired 5,262 shares of company stock worth $1,045,894. 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.