Personal Group (LON:PGH) Sets New 12-Month High – Here’s Why

Posted by Lindsey Winhoffer on Nov 8th, 2024

Personal Group Holdings Plc (LON:PGH – Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock 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).

Analyst Ratings Changes

Separately, Canaccord Genuity Group initiated coverage on Personal Group in a research report on Tuesday, September 24th. They set a “buy” rating and a GBX 209 ($2.72) price objective for the company.

View Our Latest Stock Analysis on PGH

Personal Group Trading Down 1.5 %

The firm has a market cap of £62.30 million, a PE ratio of 1,450.00 and a beta of 0.46. 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’s 50-day moving average is GBX 176.13 and its 200 day moving average is GBX 170.94.

Personal Group Increases Dividend

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

Insider Buying and Selling at Personal Group

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