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Moonpig Group (LON:MOON) Stock Price Down 12.1% - Should You Sell?

Moonpig Group logo with Consumer Cyclical background

Moonpig Group PLC (LON:MOON - Get Free Report) was down 12.1% on Thursday . The stock traded as low as GBX 213.50 ($2.93) and last traded at GBX 214.08 ($2.94). Approximately 3,401,989 shares were traded during trading, an increase of 53% from the average daily volume of 2,223,633 shares. The stock had previously closed at GBX 243.50 ($3.34).

Analysts Set New Price Targets

Several equities research analysts have weighed in on MOON shares. Berenberg Bank restated a "buy" rating and set a GBX 330 ($4.53) price target on shares of Moonpig Group in a report on Friday, May 2nd. Shore Capital restated a "not rated" rating on shares of Moonpig Group in a report on Thursday. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of GBX 269.80 ($3.70).

Get Our Latest Stock Analysis on MOON

Moonpig Group Trading Down 0.2%

The firm has a market cap of £750.53 million, a PE ratio of 22.16 and a beta of 1.24. The company has a current ratio of 0.24, a quick ratio of 0.46 and a debt-to-equity ratio of 3,511.31. The business has a fifty day moving average price of GBX 242.65 and a 200 day moving average price of GBX 224.44.

About Moonpig Group

(Get Free Report)

Moonpig Group plc is a leading online greeting card and gifting platform, comprising the Moonpig, Buyagift and Red Letter Days brands in the UK and the Greetz brand in the Netherlands. The Group is the online market leader in cards in both of its core markets and is also the UK market leader in gift experiences.

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