Mony Group (LON:MONY) Stock Breaks Above Two Hundred Day Moving Average – Should You Sell?

Mony Group Plc (LON:MONY)’s stock price passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 185.32 and traded as high as GBX 203.80. Mony Group shares last traded at GBX 201.80, with a volume of 1,362,535 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank reduced their target price on shares of Mony Group from GBX 275 to GBX 250 and set a “buy” rating on the stock in a research note on Tuesday, July 28th. Three investment analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 243.33.

Mony Group Stock Performance

The company has a debt-to-equity ratio of 22.84, a current ratio of 1.33 and a quick ratio of 0.70. The firm has a market capitalization of £1.03 billion, a price-to-earnings ratio of 12.94, a PEG ratio of 1.20 and a beta of 0.97. The firm has a 50 day moving average price of GBX 193.58 and a 200-day moving average price of GBX 185.32.

Mony Group (LON:MONY) last announced its quarterly earnings data on Tuesday, July 21st. The company reported GBX 9.70 earnings per share for the quarter. Mony Group had a net margin of 18.25% and a return on equity of 37.46%. As a group, sell-side analysts expect that Mony Group Plc will post 19.11 earnings per share for the current fiscal year.

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. Our purpose is to help households save money by giving them access to free online tools that enable them to compare and switch products.