Personal Group (LON:PGH) Stock Price Crosses 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 Wednesday . The stock has a 50-day moving average of GBX 320.74 and traded as high as GBX 370. Personal Group shares last traded at GBX 349, with a volume of 95,952 shares changing hands.

Analyst Upgrades and Downgrades

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 research report on Tuesday, March 24th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 522.50.

Personal Group Stock Performance

The firm’s 50-day moving average is GBX 320.74 and its 200 day moving average is GBX 324.11. The stock has a market cap of £109.17 million, a PE ratio of 15.83 and a beta of 0.16.

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

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.