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Personal Group (LON:PGH) Stock Price Crosses Above 50-Day Moving Average - Here's Why

Personal Group logo with Financial Services background

Personal Group Holdings Plc (LON:PGH - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 288.62 ($3.88) and traded as high as GBX 290 ($3.89). Personal Group shares last traded at GBX 284.42 ($3.82), with a volume of 25,700 shares.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group increased their target price on Personal Group from GBX 209 ($2.81) to GBX 316 ($4.24) and gave the stock a "buy" rating in a research report on Tuesday, March 25th.

Get Our Latest Stock Analysis on Personal Group

Personal Group Price Performance

The firm has a 50-day simple moving average of GBX 288.62 and a 200 day simple moving average of GBX 241.20. The company has a market capitalization of £90.01 million, a PE ratio of 19.59 and a beta of 0.46.

Insider Activity

In other Personal Group news, insider Paula Constant bought 6,958 shares of the stock in a transaction dated Friday, May 16th. The stock was bought at an average cost of GBX 287 ($3.85) per share, for a total transaction of £19,969.46 ($26,815.44). Also, insider Sarah Mace bought 6,927 shares of the stock in a transaction dated Thursday, May 15th. The shares were acquired at an average price of GBX 291 ($3.91) per share, with a total value of £20,157.57 ($27,068.04). 43.90% of the stock is owned by company insiders.

Personal Group Company Profile

(Get Free Report)

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.

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