Moonpig Group (LON:MOON) Shares Down 1.8%

Moonpig Group PLC (LON:MOON – Get Rating)’s stock price traded down 1.8% during mid-day trading on Wednesday . The company traded as low as GBX 131.50 ($1.64) and last traded at GBX 133.30 ($1.66). 782,827 shares traded hands during trading, a decline of 52% from the average session volume of 1,620,584 shares. The stock had previously closed at GBX 135.80 ($1.69).

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Berenberg Bank decreased their target price on Moonpig Group from GBX 300 ($3.73) to GBX 270 ($3.36) and set a “buy” rating on the stock in a research report on Wednesday, May 3rd. Liberum Capital reiterated a “buy” rating and set a GBX 145 ($1.80) target price on shares of Moonpig Group in a research report on Wednesday, March 8th.

Moonpig Group Stock Down 1.8 %

The business has a 50-day moving average price of GBX 123.79 and a 200-day moving average price of GBX 127.34. The company has a current ratio of 0.62, a quick ratio of 0.46 and a debt-to-equity ratio of 96.66. The stock has a market cap of £456.03 million, a PE ratio of 2,221.67 and a beta of 1.44.

Insider Buying and Selling at Moonpig Group

In other news, insider David W. Keens acquired 110,100 shares of the firm’s stock in a transaction on Monday, March 6th. The shares were bought at an average price of GBX 122 ($1.52) per share, for a total transaction of £134,322 ($167,067.16). 9.25% of the stock is currently owned by insiders.

Moonpig Group Company Profile

(Get Rating)

Moonpig Group PLC, together with its subsidiaries, provides online greeting cards and gifts in the Netherlands and the United Kingdom. It sells its products under the Moonpig and Greetz brands through website and mobile app. The company was founded in 2000 and is headquartered in London, the United Kingdom.