Moonpig Group (LON:MOON) Trading Down 9.2% - Should You Sell?

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

Analyst Ratings Changes

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

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 business has a 50 day simple moving average of GBX 242.65 and a two-hundred day simple moving average of GBX 224.46. The stock has a market cap of £750.53 million, a price-to-earnings 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.