Personal Group (LON:PGH) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Personal Group Holdings Plc (LON:PGH) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 364.68 and traded as high as GBX 405. Personal Group shares last traded at GBX 400, with a volume of 58,484 shares trading hands.

Analysts Set New Price Targets

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

Personal Group Price Performance

The firm has a market cap of £126.02 million, a price-to-earnings ratio of 18.10 and a beta of 0.15. The firm’s fifty day moving average is GBX 364.68 and its two-hundred day moving average is GBX 335.61.

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

Insider Buying and Selling

In related news, insider Paula Constant sold 84,251 shares of the company’s stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of GBX 333, for a total value of £280,555.83. Also, insider Maria Darby-Walker acquired 306 shares of Personal Group stock in a transaction that occurred on Tuesday, May 12th. The stock was bought at an average cost of GBX 384 per share, with a total value of £1,175.04. Corporate insiders own 44.77% of the company’s stock.

About Personal Group

Personal Group Holdings Plc (AIM: PGH) is a workforce benefits and health 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 c. 1.25 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.