Mony Group (LON:MONY) Stock Passes Above 200-Day Moving Average – Time to Sell?

Mony Group Plc (LON:MONY)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 194.42 ($2.58) and traded as high as GBX 199.40 ($2.65). Mony Group shares last traded at GBX 197.60 ($2.62), with a volume of 721,154 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank boosted their target price on Mony Group from GBX 290 ($3.85) to GBX 300 ($3.98) and gave the company a “buy” rating in a research note on Monday, February 17th.

Mony Group Stock Up 1.8 %

The company’s fifty day simple moving average is GBX 197.01 and its 200 day simple moving average is GBX 194.42. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 32.86. The firm has a market capitalization of £1.05 billion, a P/E ratio of 13.83, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67.

Mony Group (LON:MONY) last released its quarterly earnings results on Monday, February 17th. The company reported GBX 17.10 ($0.23) earnings per share (EPS) for the quarter. Mony Group had a net margin of 17.25% and a return on equity of 34.74%. Research analysts expect that Mony Group Plc will post 19.1090909 EPS for the current year.

Mony Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 16th. Stockholders of record on Thursday, April 10th will be paid a GBX 9.20 ($0.12) dividend. This represents a dividend yield of 4.45%. The ex-dividend date of this dividend is Thursday, April 10th. This is a boost from Mony Group’s previous dividend of $3.30. Mony Group’s dividend payout ratio (DPR) is presently 83.99%.

Insider Activity at Mony Group

In related news, insider Peter Duffy sold 53,668 shares of the firm’s stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of GBX 202 ($2.68), for a total transaction of £108,409.36 ($143,874.40). Also, insider Rakesh Sharma acquired 5,030 shares of the stock in a transaction on Monday, February 17th. The shares were bought at an average price of GBX 199 ($2.64) per share, with a total value of £10,009.70 ($13,284.27). Insiders have bought 5,184 shares of company stock worth $1,030,918 over the last ninety days. 9.15% of the stock is owned by corporate insiders.

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.