Personal Group (LON:PGH) Hits New 52-Week High – What’s Next?

Posted by Rob Hiaasen on Nov 8th, 2024

Shares of Personal Group Holdings Plc (LON:PGH – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as GBX 204 ($2.66) and last traded at GBX 204 ($2.66), with a volume of 62558 shares trading hands. The stock had previously closed at GBX 190 ($2.47).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group initiated coverage on shares of Personal Group in a report on Tuesday, September 24th. They issued a “buy” rating and a GBX 209 ($2.72) target price on the stock.

Check Out Our Latest Stock Report on Personal Group

Personal Group Stock Down 1.5 %

The company has a current ratio of 2.39, a quick ratio of 2.78 and a debt-to-equity ratio of 3.52. The company has a market capitalization of £62.30 million, a price-to-earnings ratio of 1,450.00 and a beta of 0.46. The firm’s 50 day simple moving average is GBX 176.13 and its 200-day simple moving average is GBX 170.94.

Personal Group Increases Dividend

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

Insider Activity

In related news, insider Paula Constant acquired 9,998 shares of the stock in a transaction dated Tuesday, November 5th. The stock was bought at an average cost of GBX 200 ($2.60) per share, with a total value of £19,996 ($26,029.68). Company insiders own 43.90% of the company’s stock.

About Personal Group

(Get Free Report)

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.