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

Personal Group Holdings Plc (LON:PGH) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 397.60 and traded as high as GBX 415. Personal Group shares last traded at GBX 414.50, with a volume of 73,453 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group raised their price target on shares of Personal Group from GBX 415 to GBX 465 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Personal Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 547.50.

Personal Group Stock Down 1.7%

The company has a market cap of £127.76 million, a price-to-earnings ratio of 18.35 and a beta of 0.18. The business has a 50-day simple moving average of GBX 398.57 and a two-hundred day simple moving average of GBX 370.92. The company has a quick ratio of 2.77, a current ratio of 72.08 and a debt-to-equity ratio of 1.23.

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.