Moonpig Group (LON:MOON) Hits New 52-Week High at $213.00

Moonpig Group PLC (LON:MOON)’s stock price hit a new 52-week high on Tuesday . The company traded as high as GBX 213 ($2.75) and last traded at GBX 213 ($2.75), with a volume of 1583044 shares changing hands. The stock had previously closed at GBX 207 ($2.68).

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Berenberg Bank raised their target price on Moonpig Group from GBX 265 ($3.43) to GBX 280 ($3.62) and gave the company a “buy” rating in a research note on Friday, June 28th. Deutsche Bank Aktiengesellschaft upgraded Moonpig Group to a “buy” rating and lifted their price objective for the stock from GBX 195 ($2.52) to GBX 220 ($2.85) in a research report on Tuesday, July 9th. Finally, Jefferies Financial Group lifted their price objective on Moonpig Group from GBX 230 ($2.97) to GBX 265 ($3.43) and gave the stock a “buy” rating in a research report on Wednesday, July 3rd.

Moonpig Group Stock Performance

The company has a quick ratio of 0.46, a current ratio of 0.39 and a debt-to-equity ratio of 96.66. The stock has a market cap of £721.60 million, a P/E ratio of 2,100.00 and a beta of 1.27. The stock has a fifty day simple moving average of GBX 174.14 and a 200-day simple moving average of GBX 166.75.

Insider Activity

In other news, insider Nickyl Raithatha sold 614,213 shares of Moonpig Group stock in a transaction dated Thursday, July 4th. The stock was sold at an average price of GBX 182 ($2.35), for a total transaction of £1,117,867.66 ($1,445,767.80). 6.73% of the stock is currently owned by company insiders.

Moonpig Group Company Profile

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.