Personal Group (LON:PGH) Shares Cross Below 200 Day Moving Average – Time to Sell?

Personal Group Holdings Plc (LON:PGH)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 329.98 and traded as low as GBX 294.10. Personal Group shares last traded at GBX 294.10, with a volume of 10,138 shares changing hands.

Analyst Upgrades and Downgrades

PGH has been the subject of a number of analyst reports. Peel Hunt reissued a “hold” rating and set a GBX 630 target price on shares of Personal Group in a research report on Monday, November 24th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 416 price objective on shares of Personal Group in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Personal Group currently has a consensus rating of “Moderate Buy” and an average target price of GBX 523.

Personal Group Stock Down 3.9%

The firm has a market capitalization of £91.76 million, a price-to-earnings ratio of 12.25 and a beta of 0.32. The company’s 50 day moving average price is GBX 315.63 and its 200 day moving average price is GBX 329.60.

Personal Group (LON:PGH) last released its earnings results on Tuesday, December 16th. The company reported GBX 9.60 earnings per share (EPS) for the quarter. Personal Group had a return on equity of 19.04% and a net margin of 14.41%. As a group, analysts expect that Personal Group Holdings Plc will post 19.0753425 earnings per share for the current 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.