Moonpig Group (LON:MOON) Trading 1.5% Higher - What's Next?

Moonpig Group PLC (LON:MOON - Get Free Report) shares traded up 1.5% during trading on Monday . The stock traded as high as GBX 262 ($3.55) and last traded at GBX 256.89 ($3.48). 1,678,129 shares were traded during mid-day trading, a decline of 25% from the average session volume of 2,229,647 shares. The stock had previously closed at GBX 253 ($3.43).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 330 ($4.47) 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, Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of GBX 269.80 ($3.65).

Moonpig Group Stock Up 1.5%

The business's 50-day moving average price is GBX 241.96 and its 200-day moving average price is GBX 225.06. 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 firm has a market capitalization of £874.38 million, a PE ratio of 25.82 and a beta of 1.24.

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.

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