Shares of Moonpig Group PLC (LON:MOON – Get Rating) hit a new 52-week low during trading on Friday . The stock traded as low as GBX 163.90 ($1.98) and last traded at GBX 164.80 ($1.99), with a volume of 2064650 shares traded. The stock had previously closed at GBX 183.70 ($2.22).
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the stock. Citigroup reissued a “buy” rating on shares of Moonpig Group in a report on Friday. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Moonpig Group in a research note on Tuesday, June 21st. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 390 ($4.71) price objective on shares of Moonpig Group in a research note on Thursday.
Moonpig Group Stock Down 10.3 %
The business’s 50 day simple moving average is GBX 197.95 and its 200-day simple moving average is GBX 214.50. The company has a market cap of £563.80 million and a price-to-earnings ratio of 2,020.44. The company has a debt-to-equity ratio of 96.66, a quick ratio of 2.10 and a current ratio of 2.34.
Moonpig Group Company Profile
Moonpig Group PLC, together with its subsidiaries, provides online greeting cards and gifts in the Netherlands and the United Kingdom. It sells its products under the Moonpig and Greetz brands through website and mobile app. The company was founded in 2000 and is headquartered in London, the United Kingdom.
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