Mony Group (LON:MONY) Stock Price Passes Above 200-Day Moving Average of $232.32

Mony Group Plc (LON:MONY) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 232.32 ($2.99) and traded as high as GBX 236.71 ($3.04). Mony Group shares last traded at GBX 226.40 ($2.91), with a volume of 1,297,689 shares traded.

Wall Street Analysts Forecast Growth

MONY has been the topic of a number of research reports. Berenberg Bank reiterated a “buy” rating and set a GBX 295 ($3.79) target price on shares of Mony Group in a research report on Tuesday, April 16th. Shore Capital reiterated a “buy” rating on shares of Mony Group in a research report on Thursday, July 25th.

Mony Group Stock Down 4.0 %

The firm has a market cap of £1.17 billion, a P/E ratio of 1,672.31, a price-to-earnings-growth ratio of 1.20 and a beta of 0.69. The stock’s 50 day simple moving average is GBX 226.94 and its 200 day simple moving average is GBX 231.96. The company has a debt-to-equity ratio of 26.49, a quick ratio of 0.71 and a current ratio of 0.78.

Mony Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, September 9th. Shareholders of record on Thursday, August 1st will be paid a dividend of GBX 3.30 ($0.04) per share. The ex-dividend date is Thursday, August 1st. This represents a yield of 1.45%. Mony Group’s dividend payout ratio (DPR) is presently 9,230.77%.

Insider Buying and Selling at Mony Group

In other Mony Group news, insider Jonathan Bewes purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, July 24th. The stock was acquired at an average price of GBX 224 ($2.88) per share, for a total transaction of £22,400 ($28,814.00). In the last 90 days, insiders acquired 10,131 shares of company stock worth $2,269,932. 9.10% of the stock is owned by corporate insiders.

Mony Group Company Profile

Mony Group Plc, together with its subsidiaries, provides price comparison and lead generation services through its websites in the United Kingdom. The company operates through Insurance, Money, Home Services, Travel, and Cashback segments. It offers MoneySuperMarket, a price comparison site, which provides online and app-based tools to help people save money on their household bills; MoneySavingExpert, a consumer finance website; Quidco, a cashback site; TravelSupermarket for comparing prices on a range of holiday options, including package holidays and hotels, low-cost and charter airlines, and car hire providers; icelolly.com, a holiday comparison and deals site; and Decision Tech, a price comparison platform.