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

Shares of Moonpig Group PLC (LON:MOON) dropped 0.5% during mid-day trading on Monday . The company traded as low as GBX 192 ($2.48) and last traded at GBX 198.47 ($2.56). Approximately 1,108,368 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 2,640,182 shares. The stock had previously closed at GBX 199.40 ($2.58).

Analyst Ratings Changes

A number of analysts recently commented on the company. Canaccord Genuity Group upped their price objective on Moonpig Group from GBX 254 ($3.28) to GBX 267 ($3.45) and gave the company a “buy” rating in a research report on Monday, December 16th. Canaccord Genuity Group boosted their target price on shares of Moonpig Group from GBX 254 ($3.28) to GBX 267 ($3.45) and gave the company a “buy” rating in a research report on Monday, December 16th. Finally, Shore Capital reiterated a “not rated” rating on shares of Moonpig Group in a research note on Tuesday, December 10th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 259.80 ($3.36).

Moonpig Group Stock Down 0.5 %

The company has a market capitalization of £675.54 million, a PE ratio of 19.95 and a beta of 1.24. The company’s fifty day moving average is GBX 214.40 and its 200-day moving average is GBX 222.98. The company has a debt-to-equity ratio of 3,511.31, a quick ratio of 0.46 and a current ratio of 0.24.

Moonpig Group Dividend Announcement

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

About Moonpig Group

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.