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Moonpig Group (LON:MOON) Trading 1.5% Higher - Here's Why

Moonpig Group logo with Consumer Cyclical background

Moonpig Group PLC (LON:MOON - Get Free Report)'s stock price was up 1.5% during mid-day trading on Monday . The company traded as high as GBX 262 ($3.60) and last traded at GBX 256.89 ($3.53). Approximately 1,678,129 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 2,229,647 shares. The stock had previously closed at GBX 253 ($3.47).

Wall Street Analyst Weigh In

MOON has been the topic of a number of research reports. Berenberg Bank reaffirmed a "buy" rating and set a GBX 330 ($4.53) target price on shares of Moonpig Group in a research note on Friday, May 2nd. Shore Capital reiterated a "not rated" rating on shares of Moonpig Group in a research report on Thursday. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of GBX 269.80 ($3.70).

Read Our Latest Stock Report on Moonpig Group

Moonpig Group Trading 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 firm has a market capitalization of £750.53 million, a PE ratio of 22.16 and a beta of 1.24. The firm has a 50 day simple moving average of GBX 242.79 and a 200 day simple moving average of GBX 224.79.

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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