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

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

Analyst Ratings Changes

Separately, Canaccord Genuity Group began coverage on shares of Personal Group in a research report on Tuesday, September 24th. They set a “buy” rating and a GBX 209 ($2.65) 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 cap of £61.68 million, a PE ratio of 1,414.29 and a beta of 0.46. The company’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 firm also recently declared a dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, October 3rd were given a GBX 6.50 ($0.08) dividend. This represents a yield of 3.99%. The ex-dividend date was Thursday, October 3rd. This is a boost from Personal Group’s previous dividend of $5.85. Personal Group’s dividend payout ratio (DPR) is currently 8,571.43%.

Insider Transactions at Personal Group

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

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.