Moonpig Group PLC (LON:MOON) Insider Sells 87,950 Shares

Moonpig Group PLC (LON:MOON - Get Free Report) insider Nickyl Raithatha sold 87,950 shares of Moonpig Group stock in a transaction on Monday, July 7th. The stock was sold at an average price of GBX 215 ($2.93), for a total transaction of £189,092.50 ($257,373.76).

Moonpig Group Price Performance

MOON traded up GBX 2.50 ($0.03) during midday trading on Tuesday, reaching GBX 213.50 ($2.91). 1,354,628 shares of the company's stock were exchanged, compared to its average volume of 2,238,650. Moonpig Group PLC has a 1-year low of GBX 184.40 ($2.51) and a 1-year high of GBX 277.50 ($3.78). The business's 50-day moving average price is GBX 243.07 and its 200 day moving average price is GBX 224.69. The stock has a market capitalization of £726.71 million, a PE ratio of 21.46 and a beta of 1.24. The company has a debt-to-equity ratio of 3,511.31, a current ratio of 0.24 and a quick ratio of 0.46.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Shore Capital restated a "not rated" rating on shares of Moonpig Group in a research report on Thursday, June 26th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 330 ($4.49) target price on shares of Moonpig Group in a report on Friday, May 2nd. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Moonpig Group to a "hold" rating and dropped their target price for the stock from GBX 290 ($3.95) to GBX 235 ($3.20) in a research report on Friday. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 274.75 ($3.74).

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.