Mony Group’s (MONY) “Buy” Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Mony Group (LON:MONY) in a research report report published on Wednesday, MarketBeat Ratings reports.

Mony Group Price Performance

MONY stock opened at GBX 196.50 ($2.57) on Wednesday. The stock has a market capitalization of £1.06 billion, a price-to-earnings ratio of 1,395.71, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67. The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 32.05. Mony Group has a 52-week low of GBX 193.90 ($2.53) and a 52-week high of GBX 288.80 ($3.77). The stock’s fifty day simple moving average is GBX 212.23 and its 200-day simple moving average is GBX 220.58.

Mony Group Cuts Dividend

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

Insider Transactions at Mony Group

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

Mony Group Company Profile

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.