Moonpig Group PLC (LON:MOON) Insider Nickyl Raithatha Sells 1,000,000 Shares

Moonpig Group PLC (LON:MOON) insider Nickyl Raithatha sold 1,000,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of GBX 247 ($3.20), for a total transaction of £2,470,000 ($3,203,216.18).

Moonpig Group Stock Down 0.4 %

Shares of LON:MOON opened at GBX 249 ($3.23) on Friday. Moonpig Group PLC has a fifty-two week low of GBX 145.60 ($1.89) and a fifty-two week high of GBX 260.50 ($3.38). The company has a quick ratio of 0.46, a current ratio of 0.24 and a debt-to-equity ratio of 3,511.31. The firm’s 50-day simple moving average is GBX 219.04 and its 200-day simple moving average is GBX 192.79. The company has a market cap of £858.80 million, a price-to-earnings ratio of 2,490.00 and a beta of 1.24.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of Moonpig Group to a “buy” rating and increased their target price for the stock from GBX 195 ($2.53) to GBX 220 ($2.85) in a research note on Tuesday, July 9th.

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.