Personal Group (LON:PGH) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Shares of Personal Group Holdings Plc (LON:PGH) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 321.52 and traded as high as GBX 345. Personal Group shares last traded at GBX 337, with a volume of 123,286 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lowered their price objective on shares of Personal Group from GBX 416 to GBX 415 and set a “buy” rating for the company in a research note on Tuesday, March 24th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 522.50.

Personal Group Price Performance

The company has a market cap of £107.33 million, a PE ratio of 15.57 and a beta of 0.16. The business has a fifty day simple moving average of GBX 321.78 and a two-hundred day simple moving average of GBX 324.78.

Personal Group (LON:PGH) last announced its quarterly earnings results on Tuesday, March 24th. The company reported GBX 23.30 earnings per share (EPS) for the quarter. Personal Group had a return on equity of 20.34% and a net margin of 15.06%. On average, equities research analysts predict that Personal Group Holdings Plc will post 19.0753425 EPS for the current year.

About Personal Group

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. 1.25 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.