Mony Group (LON:MONY) Sets New 1-Year High – Here’s What Happened

Mony Group Plc (LON:MONY) hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as GBX 214.60 and last traded at GBX 214, with a volume of 776,423 shares traded. The stock had previously closed at GBX 205.40.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank decreased their price target on Mony Group from GBX 275 to GBX 250 and set a “buy” rating on the stock in a report on Tuesday, July 28th. Three research analysts have rated the stock with a Buy rating. According to MarketBeat.com, Mony Group currently has an average rating of “Buy” and an average target price of GBX 243.33.

Mony Group Stock Performance

The company has a quick ratio of 0.70, a current ratio of 1.33 and a debt-to-equity ratio of 22.84. The stock has a market cap of £1.11 billion, a P/E ratio of 13.92, a PEG ratio of 1.20 and a beta of 0.97. The business has a 50 day moving average price of GBX 192.73 and a 200 day moving average price of GBX 181.89.

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. Our purpose is to help households save money by giving them access to free online tools that enable them to compare and switch products.