Insider Selling: Moonpig Group PLC (LON:MOON) Insider Sells 1,000,000 Shares of Stock

Moonpig Group PLC (LON:MOON) insider Nickyl Raithatha sold 1,000,000 shares of Moonpig Group stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of GBX 247 ($3.20), for a total value of £2,470,000 ($3,203,216.18).

Moonpig Group Trading Down 0.4 %

Shares of LON MOON traded down GBX 1 ($0.01) during midday trading on Friday, reaching GBX 249 ($3.23). 1,825,526 shares of the stock were exchanged, compared to its average volume of 1,138,833. 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 company has a market capitalization of £858.80 million, a P/E ratio of 2,500.00 and a beta of 1.24. The stock has a 50 day moving average price of GBX 218.43 and a 200-day moving average price of GBX 192.24. Moonpig Group PLC has a 52-week low of GBX 145.60 ($1.89) and a 52-week high of GBX 260.50 ($3.38).

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of Moonpig Group to a “buy” rating and raised their target price for the company from GBX 195 ($2.53) to GBX 220 ($2.85) in a report on Tuesday, July 9th.

About Moonpig Group

Moonpig Group PLC, together with its subsidiaries, provides online greeting cards and gifts in the Netherlands and the United Kingdom. The company sells its products under the Moonpig, Buyagift, RedLetterdays, and Greetz brands through website and mobile app. Moonpig Group PLC was founded in 2000 and is headquartered in London, the United Kingdom.