Mony Group (LON:MONY) Stock Price Passes Above 200-Day Moving Average of $232.32

Mony Group Plc (LON:MONY)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 232.32 ($2.99) and traded as high as GBX 236.71 ($3.04). Mony Group shares last traded at GBX 226.40 ($2.91), with a volume of 1,297,689 shares.

Analysts Set New Price Targets

Several equities research analysts have commented on MONY shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 295 ($3.79) price target on shares of Mony Group in a research report on Tuesday, April 16th. Shore Capital reiterated a “buy” rating on shares of Mony Group in a research report on Thursday, July 25th.

Mony Group Trading Down 4.0 %

The company has a current ratio of 0.78, a quick ratio of 0.71 and a debt-to-equity ratio of 26.49. The company has a fifty day simple moving average of GBX 226.94 and a 200-day simple moving average of GBX 231.96. The stock has a market cap of £1.17 billion, a price-to-earnings ratio of 1,672.31, a P/E/G ratio of 1.20 and a beta of 0.69.

Mony Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, September 9th. Shareholders of record on Thursday, August 1st will be paid a dividend of GBX 3.30 ($0.04) per share. The ex-dividend date of this dividend is Thursday, August 1st. This represents a yield of 1.45%. Mony Group’s dividend payout ratio (DPR) is presently 9,230.77%.

Insider Buying and Selling at Mony Group

In other Mony Group news, insider Jonathan Bewes bought 10,000 shares of the stock in a transaction on Wednesday, July 24th. The shares were bought at an average price of GBX 224 ($2.88) per share, with a total value of £22,400 ($28,814.00). Insiders have acquired a total of 10,131 shares of company stock valued at $2,269,932 in the last 90 days. 9.10% of the stock is currently owned by corporate insiders.

About Mony Group

Mony Group Plc, together with its subsidiaries, provides price comparison and lead generation services through its websites in the United Kingdom. The company operates through Insurance, Money, Home Services, Travel, and Cashback segments. It offers MoneySuperMarket, a price comparison site, which provides online and app-based tools to help people save money on their household bills; MoneySavingExpert, a consumer finance website; Quidco, a cashback site; TravelSupermarket for comparing prices on a range of holiday options, including package holidays and hotels, low-cost and charter airlines, and car hire providers; icelolly.com, a holiday comparison and deals site; and Decision Tech, a price comparison platform.