Moonpig Group (LON:MOON) Stock Price Down 9.2% - Time to Sell?

Moonpig Group PLC (LON:MOON - Get Free Report) traded down 9.2% on Thursday . The stock traded as low as GBX 207.75 ($2.85) and last traded at GBX 221 ($3.03). 5,454,499 shares traded hands during trading, an increase of 143% from the average session volume of 2,240,457 shares. The stock had previously closed at GBX 243.50 ($3.34).

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Shore Capital reaffirmed a "not rated" rating on shares of Moonpig Group in a report on Thursday. Berenberg Bank reissued a "buy" rating and issued a GBX 330 ($4.53) target price on shares of Moonpig Group in a report on Friday, May 2nd. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of GBX 269.80 ($3.70).

Moonpig Group Trading Down 0.2%

The company has a market cap of £750.53 million, a price-to-earnings ratio of 22.16 and a beta of 1.24. The company has a quick ratio of 0.46, a current ratio of 0.24 and a debt-to-equity ratio of 3,511.31. The business has a fifty day simple moving average of GBX 242.65 and a 200 day simple moving average of GBX 224.46.

Moonpig Group Company Profile

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.