Personal Group (LON:PGH) Shares Cross Below 50-Day Moving Average – What’s Next?

Personal Group Holdings Plc (LON:PGH)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 194.52 ($2.44) and traded as low as GBX 183.90 ($2.31). Personal Group shares last traded at GBX 186 ($2.34), with a volume of 39,600 shares changing hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group started coverage on shares of Personal Group in a research note on Tuesday, September 24th. They set a “buy” rating and a GBX 209 ($2.63) price objective for the company.

Personal Group Price Performance

The company has a debt-to-equity ratio of 3.52, a quick ratio of 2.78 and a current ratio of 2.39. The company has a market capitalization of £57.94 million, a P/E ratio of 1,328.57 and a beta of 0.46. The firm’s fifty day moving average is GBX 194.52 and its 200 day moving average is GBX 176.89.

Personal Group Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, October 3rd were paid a dividend of GBX 6.50 ($0.08) per share. This is a boost from Personal Group’s previous dividend of $5.85. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a dividend yield of 3.99%. Personal Group’s dividend payout ratio is currently 8,571.43%.

Insider Transactions at Personal Group

In other news, insider Paula Constant purchased 9,998 shares of the stock in a transaction that occurred on Tuesday, November 5th. The stock was purchased at an average price of GBX 200 ($2.51) per share, for a total transaction of £19,996 ($25,130.07). Also, insider Ciaran Astin acquired 439 shares of Personal Group stock in a transaction on Wednesday, November 13th. The shares were purchased at an average price of GBX 171 ($2.15) per share, for a total transaction of £750.69 ($943.43). Company insiders own 43.90% of the company’s stock.

About Personal Group

Personal Group Holdings Plc provides benefits and platform products, pay and reward consultancy services, and salary sacrifice technology products in the United Kingdom. It operates through four segments: Affordable Insurance, Other Owned Benefits, Benefits Platform, and Pay and Reward. The company offers insurance products, including hospital plans, convalescence plans, and death benefit policies; and consultancy and software solutions services on pay and reward services, as well as a suite of cloud-based SaaS solutions and surveys.