Moonpig Group (LON:MOON) Trading Down 0.5% – What’s Next?

Moonpig Group PLC (LON:MOON)’s stock price dropped 0.5% during mid-day trading on Monday . The company traded as low as GBX 192 ($2.47) and last traded at GBX 198.47 ($2.56). Approximately 1,108,368 shares traded hands during trading, a decline of 58% from the average daily volume of 2,640,182 shares. The stock had previously closed at GBX 199.40 ($2.57).

Analyst Ratings Changes

A number of research firms have recently weighed in on MOON. Shore Capital reaffirmed a “not rated” rating on shares of Moonpig Group in a research note on Tuesday, December 10th. Canaccord Genuity Group boosted their target price on Moonpig Group from GBX 254 ($3.27) to GBX 267 ($3.44) and gave the company a “buy” rating in a research note on Monday, December 16th. Finally, Canaccord Genuity Group raised their price target on Moonpig Group from GBX 254 ($3.27) to GBX 267 ($3.44) and gave the stock a “buy” rating in a research note on Monday, December 16th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 259.80 ($3.34).

Moonpig Group Price Performance

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. The stock has a market capitalization of £697.77 million, a P/E ratio of 20.60 and a beta of 1.24. The stock’s fifty day moving average is GBX 214.41 and its 200-day moving average is GBX 222.84.

Moonpig Group Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, February 20th were paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date was Thursday, February 20th. This represents a dividend yield of 0.37%.

Moonpig Group Company Profile

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.