Mony Group (LON:MONY) Shares Pass Above 200 Day Moving Average – Time to Sell?

Mony Group Plc (LON:MONY) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 199.11 ($2.52) and traded as high as GBX 201 ($2.55). Mony Group shares last traded at GBX 198.75 ($2.52), with a volume of 2,103,306 shares changing hands.

Analyst Ratings Changes

Separately, Berenberg Bank upped their price objective on Mony Group from GBX 290 ($3.68) to GBX 300 ($3.80) and gave the company a “buy” rating in a report on Monday, February 17th.

Mony Group Trading Down 0.6 %

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 business has a fifty day simple moving average of GBX 190.92 and a 200 day simple moving average of GBX 199.11. The stock has a market capitalization of £1.07 billion, a price-to-earnings ratio of 13.98, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67.

Mony Group (LON:MONY) last released 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 return on equity of 34.74% and a net margin of 17.25%. As a group, research analysts expect that Mony Group Plc will post 19.1090909 EPS for the current year.

Insider Activity

In related news, insider Rakesh Sharma bought 5,030 shares of the business’s stock in a transaction dated Monday, February 17th. The stock was purchased at an average cost of GBX 199 ($2.52) per share, for a total transaction of £10,009.70 ($12,686.57). In the last three months, insiders purchased 5,186 shares of company stock worth $1,030,922. 9.15% of the stock is currently owned by company insiders.

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.