Moonpig Group (LON:MOON) Stock Price Down 9.7% - Here's What Happened

Moonpig Group PLC (LON:MOON - Get Free Report)'s stock price was down 9.7% during trading on Thursday . The stock traded as low as GBX 214.95 ($2.95) and last traded at GBX 219.95 ($3.02). Approximately 2,157,143 shares changed hands during trading, a decline of 3% from the average daily volume of 2,213,430 shares. The stock had previously closed at GBX 243.50 ($3.34).

Analyst Upgrades and Downgrades

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

Moonpig Group Stock Down 0.2%

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 stock's 50-day simple moving average is GBX 242.65 and its 200-day simple moving average is GBX 224.44. The firm has a market capitalization of £750.53 million, a P/E ratio of 22.16 and a beta of 1.24.

About Moonpig Group

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.