Personal Group (LON:PGH) Shares Pass Above 50-Day Moving Average – What’s Next?

Shares of Personal Group Holdings Plc (LON:PGHGet Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 392.56 and traded as high as GBX 405. Personal Group shares last traded at GBX 402.50, with a volume of 31,090 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group cut their target price on shares of Personal Group from GBX 416 to GBX 415 and set a “buy” rating on the stock in a report on Tuesday, March 24th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Personal Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 522.50.

Check Out Our Latest Analysis on Personal Group

Personal Group Stock Performance

The stock has a fifty day simple moving average of GBX 392.56 and a 200-day simple moving average of GBX 348.54. The stock has a market cap of £126.81 million, a P/E ratio of 18.21 and a beta of 0.18. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.77 and a current ratio of 72.08.

Insider Activity

In related news, insider Sarah Mace sold 40,530 shares of the stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of GBX 333, for a total transaction of £134,964.90. Also, insider Maria Darby-Walker purchased 306 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were acquired at an average cost of GBX 384 per share, for a total transaction of £1,175.04. 44.76% of the stock is owned by corporate insiders.

About Personal Group

(Get Free Report)

Personal Group Holdings Plc (AIM: PGH) is a workforce benefits and insurance provider. Its vision is to be the champion of affordable and accessible insurance and benefits, keeping businesses and their employees happy, healthy and protected. The Group is proud to support the health and wellbeing of over 1 million UK employees.

The Group’s insurance provides employees with access to affordable, individual policies for hospital, recovery and death benefit plans. The Group’s award-winning benefits platform, Hapi, brings together extensive employee benefits, discounts and rewards, in one responsive platform.

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