Personal Group (LON:PGH) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Shares of Personal Group Holdings Plc (LON:PGH) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 370.13 and traded as high as GBX 385. Personal Group shares last traded at GBX 384.50, with a volume of 346,083 shares changing hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reduced their target price on Personal Group from GBX 416 to GBX 415 and set a “buy” rating on the stock in a report on Tuesday, March 24th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Personal Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 522.50.

Personal Group Stock Performance

The stock has a market capitalization of £121.14 million, a P/E ratio of 17.40 and a beta of 0.15. The business has a fifty day simple moving average of GBX 370.13 and a 200-day simple moving average of GBX 337.26.

Personal Group (LON:PGH) last posted its quarterly earnings results on Tuesday, March 24th. The company reported GBX 23.30 earnings per share (EPS) for the quarter. Personal Group had a return on equity of 20.34% and a net margin of 15.06%. On average, sell-side analysts anticipate that Personal Group Holdings Plc will post 19.0753425 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Maria Darby-Walker bought 306 shares of the stock in a transaction dated Tuesday, May 12th. The shares were bought at an average cost of GBX 384 per share, with a total value of £1,175.04. Also, insider Paula Constant sold 84,251 shares of the company’s stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of GBX 333, for a total value of £280,555.83. Company insiders own 44.76% of the company’s stock.

Personal Group Company Profile

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.