Mony Group (LON:MONY) Receives “Buy” Rating from Shore Capital

Shore Capital reissued their buy rating on shares of Mony Group (LON:MONY) in a research report released on Wednesday, Marketbeat reports.

Mony Group Price Performance

MONY opened at GBX 199.40 ($2.60) on Wednesday. The firm has a 50-day moving average price of GBX 211.52 and a 200-day moving average price of GBX 220.28. Mony Group has a twelve month low of GBX 193.90 ($2.53) and a twelve month high of GBX 288.80 ($3.77). The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 32.05. The company has a market capitalization of £1.07 billion, a price-to-earnings ratio of 1,424.29, a PEG ratio of 1.20 and a beta of 0.67.

Mony Group Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, September 9th. Shareholders of record on Thursday, August 1st were given a dividend of GBX 3.30 ($0.04) per share. The ex-dividend date of this dividend was Thursday, August 1st. This represents a dividend yield of 1.45%. Mony Group’s dividend payout ratio is currently 8,571.43%.

Insider Transactions at Mony Group

In related news, insider Rakesh Sharma bought 9,253 shares of the business’s stock in a transaction on Tuesday, August 27th. The stock was acquired at an average price of GBX 216 ($2.82) per share, for a total transaction of £19,986.48 ($26,098.82). In other news, insider Jonathan Bewes purchased 10,000 shares of the firm’s stock in a transaction dated Wednesday, July 24th. The shares were purchased at an average price of GBX 224 ($2.93) per share, with a total value of £22,400 ($29,250.46). Also, insider Rakesh Sharma acquired 9,253 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The shares were acquired at an average cost of GBX 216 ($2.82) per share, with a total value of £19,986.48 ($26,098.82). Insiders purchased 19,325 shares of company stock valued at $4,253,768 over the last three months. Company insiders own 9.15% of the company’s stock.

About Mony Group

Mony Group Plc, together with its subsidiaries, provides price comparison and lead generation services through its websites in the United Kingdom. The company operates through Insurance, Money, Home Services, Travel, and Cashback segments. It offers MoneySuperMarket, a price comparison site, which provides online and app-based tools to help people save money on their household bills; MoneySavingExpert, a consumer finance website; Quidco, a cashback site; TravelSupermarket for comparing prices on a range of holiday options, including package holidays and hotels, low-cost and charter airlines, and car hire providers; icelolly.com, a holiday comparison and deals site; and Decision Tech, a price comparison platform.