Personal Group (LON:PGH) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Personal Group Holdings Plc (LON:PGH)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 330.01 and traded as high as GBX 334. Personal Group shares last traded at GBX 322, with a volume of 18,617 shares changing hands.

Analyst Ratings Changes

A number of brokerages recently commented on PGH. Canaccord Genuity Group increased their price target on shares of Personal Group from GBX 368 to GBX 416 and gave the stock a “buy” rating in a research note on Tuesday, September 16th. Peel Hunt reissued a “hold” rating and issued a GBX 630 target price on shares of Personal Group in a research report on Monday, November 24th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Personal Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 523.

Personal Group Stock Down 1.2%

The stock has a market capitalization of £100.49 million, a P/E ratio of 13.42 and a beta of 0.46. The firm has a fifty day moving average price of GBX 330.03 and a two-hundred day moving average price of GBX 329.16.

Personal Group (LON:PGH) last released its quarterly earnings data on Tuesday, December 16th. The company reported GBX 9.60 EPS for the quarter. Personal Group had a return on equity of 14.40% and a net margin of 13.49%. Sell-side analysts anticipate that Personal Group Holdings Plc will post 19.0753425 earnings per share for the current fiscal year.

Personal Group Company Profile

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.