Personal Group (LON:PGH) Shares Pass Above 50-Day Moving Average - Time to Sell?

Shares of Personal Group Holdings Plc (LON:PGH - Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 252.05 ($3.39) and traded as high as GBX 292 ($3.93). Personal Group shares last traded at GBX 292 ($3.93), with a volume of 66,852 shares trading hands.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group lifted their price objective on Personal Group from GBX 209 ($2.81) to GBX 316 ($4.25) and gave the company a "buy" rating in a report on Tuesday, March 25th.

Personal Group Price Performance

The firm has a market capitalization of £90.32 million, a P/E ratio of 19.66 and a beta of 0.46. The stock's fifty day simple moving average is GBX 257.80 and its 200 day simple moving average is GBX 219.40.

Personal Group (LON:PGH - Get Free Report) last announced its earnings results on Tuesday, March 25th. The company reported GBX 17.70 ($0.24) EPS for the quarter. Personal Group had a net margin of 13.49% and a return on equity of 14.40%. As a group, sell-side analysts forecast that Personal Group Holdings Plc will post 19.0753425 EPS for the current fiscal year.

Personal Group Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, May 14th. Shareholders of record on Thursday, April 3rd were issued a GBX 10 ($0.13) dividend. The ex-dividend date of this dividend was Thursday, April 3rd. This is an increase from Personal Group's previous dividend of $6.50. This represents a yield of 4.31%. Personal Group's payout ratio is currently 80.50%.

Insiders Place Their Bets

In other Personal Group news, insider Maria Darby-Walker purchased 2,242 shares of the company's stock in a transaction dated Monday, April 7th. The shares were acquired at an average price of GBX 223 ($3.00) per share, for a total transaction of £4,999.66 ($6,727.21). Also, insider Sarah Mace purchased 6,927 shares of the company's stock in a transaction dated Thursday, May 15th. The shares were acquired at an average price of GBX 291 ($3.92) per share, for a total transaction of £20,157.57 ($27,122.67). Over the last ninety days, insiders bought 16,127 shares of company stock worth $4,512,669. 43.90% of the stock is owned by corporate insiders.

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.