Personal Group (LON:PGH) Share Price Passes Above 50-Day Moving Average - Time to Sell?

Key Points

• Personal Group Holdings Plc shares crossed above their 50-day moving average, reaching a high of GBX 379.90 ($5.14) on Wednesday, with a trading volume of 38,231 shares.
• Analysts have revised their price target for Personal Group from GBX 316 to GBX 368 and have assigned a "buy" rating, with a consensus target price of GBX 288.50.
• The company has a market capitalization of £115.45 million and noted a price-to-earnings ratio of 1,840.90, indicating high valuation metrics.

Shares of Personal Group Holdings Plc (LON:PGH - Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 337.12 ($4.59) and traded as high as GBX 379.90 ($5.17). Personal Group shares last traded at GBX 379.90 ($5.17), with a volume of 38,231 shares trading hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group raised their price objective on Personal Group from GBX 368 to GBX 416 and gave the company a "buy" rating in a report on Tuesday. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of GBX 312.50.

Personal Group Stock Performance

The firm has a market capitalization of £112.94 million, a price-to-earnings ratio of 1,801.00 and a beta of 0.46. The business has a 50 day simple moving average of GBX 341.86 and a 200-day simple moving average of GBX 287.55.

Personal Group (LON:PGH - Get Free Report) last issued its earnings results on Tuesday, September 16th. The company reported GBX 9.60 earnings per share (EPS) for the quarter. Personal Group had a return on equity of 14.40% and a net margin of 13.49%. Equities analysts predict that Personal Group Holdings Plc will post 19.0753425 earnings per share 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.