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Moonpig Group Plc ( (GB:MOON) ) just unveiled an update.
Moonpig Group plc announced the repurchase and cancellation of 118,377 of its ordinary shares as part of its £30 million share repurchase program. This transaction reduces the total number of shares in issue with voting rights to 315,959,244, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.
The most recent analyst rating on (GB:MOON) stock is a Buy with a £315.00 price target. To see the full list of analyst forecasts on Moonpig Group Plc stock, see the GB:MOON Stock Forecast page.
Spark’s Take on GB:MOON Stock
According to Spark, TipRanks’ AI Analyst, GB:MOON is a Neutral.
Moonpig Group Plc’s overall score is primarily impacted by its financial performance challenges, including high leverage and negative profitability. Technical indicators provide some positive signals, but valuation metrics are unattractive due to the negative P/E ratio. The absence of recent earnings call data and corporate events limits further insights.
To see Spark’s full report on GB:MOON stock, click here.
More about Moonpig Group Plc
Moonpig Group plc is a leading online greeting cards and gifting platform, operating the Moonpig, Red Letter Days, and Buyagift brands in the UK, and the Greetz brand in the Netherlands. The company is the market leader in online cards and gift experiences in its respective markets, offering a wide range of personalized products and next-day delivery through its proprietary technology platforms.
Average Trading Volume: 1,130,472
Technical Sentiment Signal: Buy
Current Market Cap: £668.5M
See more data about MOON stock on TipRanks’ Stock Analysis page.