Personal Group (LON:PGH) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Personal Group Holdings Plc (LON:PGH)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty 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 traded.

Analyst Ratings Changes

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

Personal Group Trading Down 0.1%

The business has a 50-day simple moving average of GBX 392.56 and a 200-day simple moving average of GBX 348.54. The company has a quick ratio of 2.77, a current ratio of 72.08 and a debt-to-equity ratio of 1.23. The company has a market cap of £126.81 million, a PE ratio of 18.21 and a beta of 0.18.

Insider Transactions at Personal Group

In other news, insider Maria Darby-Walker bought 306 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was purchased 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 firm’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. Corporate 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.