Personal Group (LON:PGH) Stock Price Down 1.5% – Time to Sell?

Shares of Personal Group Holdings Plc (LON:PGH) fell 1.5% on Thursday . The stock traded as low as GBX 196.08 ($2.49) and last traded at GBX 198 ($2.51). 25,372 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 39,021 shares. The stock had previously closed at GBX 201 ($2.55).

Analyst Ratings Changes

Separately, Canaccord Genuity Group assumed coverage on shares of Personal Group in a research note on Tuesday, September 24th. They set a “buy” rating and a GBX 209 ($2.65) price objective on the stock.

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 stock has a market capitalization of £61.68 million, a P/E ratio of 1,414.29 and a beta of 0.46. The stock’s 50 day simple moving average is GBX 192.70 and its 200 day simple moving average is GBX 175.95.

Personal Group Increases Dividend

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

Insider Buying and Selling at Personal Group

In other news, insider Paula Constant acquired 9,998 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The shares were acquired at an average price of GBX 200 ($2.54) per share, with a total value of £19,996 ($25,346.69). Also, insider Ciaran Astin acquired 439 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The stock was purchased at an average cost of GBX 171 ($2.17) per share, for a total transaction of £750.69 ($951.57). 43.90% of the stock is currently owned by insiders.

Personal Group Company Profile

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.