Personal Group (LON:PGH) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Personal Group Holdings Plc (LON:PGH)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 397.60 and traded as high as GBX 415. Personal Group shares last traded at GBX 414.50, with a volume of 73,453 shares traded.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group boosted their price target on shares of Personal Group from GBX 415 to GBX 465 and gave the company a “buy” rating in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 547.50.

Personal Group Trading Up 1.2%

The firm has a market cap of £130.72 million, a price-to-earnings ratio of 18.77 and a beta of 0.18. The company has a 50-day moving average price of GBX 397.60 and a 200 day moving average price of GBX 369.99. The company has a quick ratio of 2.77, a current ratio of 72.08 and a debt-to-equity ratio of 1.23.

About Personal Group

Personal Group Holdings Plc (AIM: PGH) is a workforce benefits and 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 over 1 million UK employees.

The Group’s insurance provides employees with access to affordable, individual policies for hospital, recovery and death benefit plans. The Group’s award-winning benefits platform, Hapi, brings together extensive employee benefits, discounts and rewards, in one responsive platform.