Phoenix Group Holdings plc (LON:PHNX) Insider Purchases £155.28 in Stock

Phoenix Group Holdings plc (LON:PHNX - Get Free Report) insider Nicolaos Nicandrou acquired 24 shares of the business's stock in a transaction that occurred on Monday, July 7th. The shares were bought at an average price of GBX 647 ($8.81) per share, for a total transaction of £155.28 ($211.35).

Nicolaos Nicandrou also recently made the following trade(s):

• On Thursday, June 5th, Nicolaos Nicandrou purchased 23 shares of Phoenix Group stock. The stock was bought at an average cost of GBX 644 ($8.77) per share, for a total transaction of £148.12 ($201.61).

Phoenix Group Stock Performance

PHNX traded down GBX 8.50 ($0.12) on Tuesday, hitting GBX 635.50 ($8.65). The company had a trading volume of 2,792,186 shares, compared to its average volume of 8,325,165. The company's fifty day moving average price is GBX 634.30 and its 200 day moving average price is GBX 565.53. Phoenix Group Holdings plc has a 1-year low of GBX 475.20 ($6.47) and a 1-year high of GBX 668 ($9.09). The company has a debt-to-equity ratio of 160.32, a current ratio of 3.30 and a quick ratio of 0.12. The stock has a market cap of £6.35 billion, a price-to-earnings ratio of -12.18, a price-to-earnings-growth ratio of 1.95 and a beta of 0.73.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lifted their target price on Phoenix Group from GBX 500 ($6.81) to GBX 565 ($7.69) and gave the company an "underweight" rating in a research note on Friday, March 28th.

Phoenix Group Company Profile

Phoenix is the UK's largest long-term savings and retirement business with c. £300 billion of assets under administration and c. 12 million customers. We are a constituent of the FTSE 100 with c. 7,800 colleagues and offer a broad range of products to support people across all stages of the savings life cycle. We are a growing and sustainable business with a clear purpose – helping people secure a life of possibilities.

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