Moonpig Group PLC (LON:MOON) Insider Sells £1,117,867.66 in Stock

Moonpig Group PLC (LON:MOON) insider Nickyl Raithatha sold 614,213 shares of the stock in a transaction on Thursday, July 4th. The stock was sold at an average price of GBX 182 ($2.30), for a total transaction of £1,117,867.66 ($1,413,948.47).

Moonpig Group Stock Up 1.3 %

MOON traded up GBX 2.36 ($0.03) during trading hours on Thursday, reaching GBX 185.16 ($2.34). 3,047,917 shares of the stock traded hands, compared to its average volume of 929,137. The firm’s fifty day simple moving average is GBX 159.03 and its two-hundred day simple moving average is GBX 162.14. The company has a market cap of £636.24 million, a price-to-earnings ratio of 1,843.28 and a beta of 1.27. Moonpig Group PLC has a fifty-two week low of GBX 145.60 ($1.84) and a fifty-two week high of GBX 195 ($2.47). The company has a debt-to-equity ratio of 96.66, a current ratio of 0.39 and a quick ratio of 0.46.

Analysts Set New Price Targets

MOON has been the subject of several recent research reports. Berenberg Bank increased their price objective on shares of Moonpig Group from GBX 265 ($3.35) to GBX 280 ($3.54) and gave the stock a “buy” rating in a research report on Friday, June 28th. Jefferies Financial Group raised their price target on shares of Moonpig Group from GBX 230 ($2.91) to GBX 265 ($3.35) and gave the company a “buy” rating in a report on Wednesday.

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.