Personal Group (LON:PGH) Shares Down 1.5% - Time to Sell?

Personal Group Holdings Plc (LON:PGH - Get Free Report) was down 1.5% during mid-day trading on Thursday . The stock traded as low as GBX 196.08 ($2.49) and last traded at GBX 198 ($2.51). Approximately 25,372 shares were traded during mid-day trading, a decline of 35% from the average daily volume of 39,021 shares. The stock had previously closed at GBX 201 ($2.55).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group initiated coverage on shares of Personal Group in a research report on Tuesday, September 24th. They set a "buy" rating and a GBX 209 ($2.65) price objective for the company.

Personal Group Stock Performance

The firm has a market cap of £61.89 million, a P/E ratio of 1,419.07 and a beta of 0.46. The company has a debt-to-equity ratio of 3.52, a current ratio of 2.39 and a quick ratio of 2.78. The stock's 50 day moving average is GBX 192.70 and its two-hundred day moving average is GBX 175.95.

Personal Group Increases Dividend

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

Insider Buying and Selling

In other Personal Group news, insider Ciaran Astin bought 439 shares of Personal Group stock in a transaction dated Wednesday, November 13th. The shares were acquired at an average cost of GBX 171 ($2.17) per share, with a total value of £750.69 ($951.57). Also, insider Paula Constant purchased 9,998 shares of the firm's stock in a transaction that occurred on Tuesday, November 5th. The shares were acquired at an average price of GBX 200 ($2.54) per share, for a total transaction of £19,996 ($25,346.69). 43.90% of the stock is owned by corporate insiders.

About Personal Group

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.