Key Points
- Insider sale: Andy MacKinnon sold 173,645 Moonpig Group shares at an average price of GBX 272, generating £472,314.40 in proceeds.
- Stock performance: Moonpig shares opened at GBX 268.40, with a market capitalization of approximately £785.8 million and a 52-week trading range of GBX 193.40 to GBX 293.
- Analyst outlook: Five analysts rate the stock Buy and one rates it Hold, giving Moonpig a consensus “Moderate Buy” rating and an average price target of GBX 289.17.
Moonpig Group PLC (LON:MOON - Get Free Report) insider Andy MacKinnon sold 173,645 shares of Moonpig Group stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of GBX 272, for a total value of £472,314.40.
Moonpig Group Stock Performance
Shares of LON:MOON opened at GBX 268.40 on Tuesday. The stock has a market capitalization of £785.83 million, a P/E ratio of 17.21 and a beta of 0.97. Moonpig Group PLC has a 1-year low of GBX 193.40 and a 1-year high of GBX 293. The company has a current ratio of 0.21, a quick ratio of 0.46 and a debt-to-equity ratio of -216.13. The business has a 50-day moving average price of GBX 274.36 and a two-hundred day moving average price of GBX 242.30.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on MOON. Jefferies Financial Group reiterated a "buy" rating and set a GBX 315 price target on shares of Moonpig Group in a research report on Thursday, June 25th. Canaccord Genuity Group reduced their price objective on shares of Moonpig Group from GBX 310 to GBX 300 and set a "buy" rating on the stock in a research note on Friday, June 26th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 300 target price on shares of Moonpig Group in a report on Wednesday, September 16th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a GBX 235 target price on shares of Moonpig Group in a report on Friday, June 26th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 289.17.
Read Our Latest Analysis on MOON
Moonpig Group Company Profile
(
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. The Moonpig brand also operates in Ireland, Australia and the United States.
The Group's leading customer proposition includes an extensive range of cards, a curated range of gifts, personalisation features and next day delivery offering.
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