Personal Group (LON:PGH) Share Price Crosses Above Fifty Day Moving Average - Time to Sell?

Shares of Personal Group Holdings Plc (LON:PGH - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 182.72 ($2.31) and traded as high as GBX 200.80 ($2.54). Personal Group shares last traded at GBX 199 ($2.52), with a volume of 26,757 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group started coverage on Personal Group in a research report on Tuesday, September 24th. They issued a "buy" rating and a GBX 209 ($2.64) price objective for the company.

Personal Group Price Performance

The company has a current ratio of 2.39, a quick ratio of 2.78 and a debt-to-equity ratio of 3.52. The stock has a market cap of £61.44 million, a PE ratio of 1,408.73 and a beta of 0.46. The company has a fifty day moving average of GBX 183.27 and a 200-day moving average of GBX 173.34.

Personal Group Increases Dividend

The business also recently declared a dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, October 3rd were issued a dividend of GBX 6.50 ($0.08) per share. This is an increase from Personal Group's previous dividend of $5.85. The ex-dividend date was Thursday, October 3rd. This represents a yield of 3.99%. Personal Group's dividend payout ratio is 8,571.43%.

Insiders Place Their Bets

In related news, insider Paula Constant acquired 9,998 shares of the firm's stock in a transaction on Tuesday, November 5th. The stock was bought at an average cost of GBX 200 ($2.53) per share, with a total value of £19,996 ($25,301.78). Also, insider Ciaran Astin acquired 439 shares of the firm's stock in a transaction on Wednesday, November 13th. The shares were bought at an average cost of GBX 171 ($2.16) per share, with a total value of £750.69 ($949.88). 43.90% of the stock is owned by company insiders.

Personal Group Company Profile

Personal Group Holdings Plc provides benefits and platform products, pay and reward consultancy services, and salary sacrifice technology products in the United Kingdom. It operates through four segments: Affordable Insurance, Other Owned Benefits, Benefits Platform, and Pay and Reward. The company offers insurance products, including hospital plans, convalescence plans, and death benefit policies; and consultancy and software solutions services on pay and reward services, as well as a suite of cloud-based SaaS solutions and surveys.