Personal Group (LON:PGH) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Personal Group Holdings Plc (LON:PGH)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 350.11 ($4.74) and traded as low as GBX 330 ($4.46). Personal Group shares last traded at GBX 332 ($4.49), with a volume of 92,251 shares traded.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group increased their price target on Personal Group from GBX 368 to GBX 416 and gave the company a “buy” rating in a research report on Tuesday, September 16th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 416.

Personal Group Trading Down 1.1%

The firm has a market capitalization of £102.40 million, a PE ratio of 1,632.84 and a beta of 0.46. The business has a 50-day moving average of GBX 350.11 and a 200 day moving average of GBX 293.02.

Personal Group (LON:PGH) last released its quarterly earnings results on Tuesday, September 16th. The company reported GBX 9.60 EPS for the quarter. Personal Group had a return on equity of 14.40% and a net margin of 13.49%. On average, sell-side analysts expect that Personal Group Holdings Plc will post 19.0753425 EPS for the current fiscal year.

Personal Group Company Profile

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.