Personal Group (LON:PGH) Sets New 52-Week High – Time to Buy?

Personal Group Holdings Plc (LON:PGH)’s share price hit a new 52-week high on Friday . The stock traded as high as GBX 198 ($2.59) and last traded at GBX 190 ($2.49), with a volume of 143721 shares. The stock had previously closed at GBX 189 ($2.47).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group started coverage on Personal Group in a report on Tuesday, September 24th. They set a “buy” rating and a GBX 209 ($2.74) target price on the stock.

Personal Group Trading Up 0.5 %

The firm has a market capitalization of £59.19 million, a price-to-earnings ratio of 1,357.14 and a beta of 0.46. The company has a fifty day moving average price of GBX 164.62 and a two-hundred day moving average price of GBX 166.90. The company has a current ratio of 2.39, a quick ratio of 2.78 and a debt-to-equity ratio of 3.52.

Personal Group Increases Dividend

The business also recently announced 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 ($0.09) per share. This is a boost from Personal Group’s previous dividend of $5.85. This represents a dividend yield of 3.99%. The ex-dividend date is Thursday, October 3rd. Personal Group’s payout ratio is currently 8,571.43%.

About Personal Group

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.