Personal Group (LON:PGH) Shares Pass Above 50 Day Moving Average – Time to Sell?

Personal Group Holdings Plc (LON:PGH)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 394.03 and traded as high as GBX 400. Personal Group shares last traded at GBX 390.65, with a volume of 535,442 shares trading hands.

Wall Street Analysts Forecast Growth

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

Personal Group Trading Up 1.3%

The company has a market cap of £126.02 million, a PE ratio of 18.10 and a beta of 0.18. 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 business has a 50-day simple moving average of GBX 394.16 and a 200-day simple moving average of GBX 363.44.

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.