Mony Group (LON:MONY) Rating Reiterated by Shore Capital

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

Mony Group Trading Up 1.4 %

LON MONY opened at GBX 199.40 ($2.60) on Wednesday. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 32.05. The business has a fifty day simple moving average of GBX 211.52 and a 200 day simple moving average of GBX 220.28. Mony Group has a 12 month low of GBX 193.90 ($2.53) and a 12 month high of GBX 288.80 ($3.77). The firm has a market capitalization of £1.07 billion, a P/E ratio of 1,424.29, a PEG ratio of 1.20 and a beta of 0.67.

Mony Group Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, September 9th. Investors of record on Thursday, August 1st were given 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 payout ratio is currently 8,571.43%.

Insiders Place Their Bets

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