Mony Group (LON:MONY) Releases Quarterly Earnings Results

Mony Group (LON:MONY) issued its earnings results on Monday. The company reported GBX 17.10 ($0.22) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Mony Group had a net margin of 17.25% and a return on equity of 34.74%.

Mony Group Stock Performance

Shares of MONY traded up GBX 3.60 ($0.05) during mid-day trading on Wednesday, reaching GBX 203.60 ($2.57). 3,977,239 shares of the company’s stock were exchanged, compared to its average volume of 2,579,901. The business’s fifty day simple moving average is GBX 190.44 and its 200-day simple moving average is GBX 199.75. Mony Group has a 52-week low of GBX 179.20 ($2.26) and a 52-week high of GBX 253.20 ($3.19). The stock has a market capitalization of £1.09 billion, a PE ratio of 14.25, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67. The company has a debt-to-equity ratio of 32.86, a current ratio of 0.82 and a quick ratio of 0.71.

Insider Buying and Selling

In related news, insider Rakesh Sharma bought 5,030 shares of the stock in a transaction on Monday, February 17th. The shares were bought at an average cost of GBX 199 ($2.51) per share, for a total transaction of £10,009.70 ($12,627.35). Insiders acquired a total of 5,186 shares of company stock worth $1,030,922 in the last 90 days. Company insiders own 9.15% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Berenberg Bank lifted their target price on Mony Group from GBX 290 ($3.66) to GBX 300 ($3.78) and gave the stock a “buy” rating in a research report on Monday.

Mony Group Company Profile

MONY Group PLC is an established member of the FTSE 250 index. The Group operates a tech-led savings platform and leading UK brands including price comparison sites (MoneySuperMarket), cashback (Quidco) and a consumer finance content led brand (MoneySavingExpert). We cover a broad range of verticals including Insurance, Money, Home Services and Travel amongst others.