Personal Assets (LON:PNL) Reaches New 12-Month High – Here’s Why

Personal Assets (LON:PNL) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 548 and last traded at GBX 547.45, with a volume of 49566 shares traded. The stock had previously closed at GBX 547.

Personal Assets Stock Up 0.1%

The company’s 50 day moving average price is GBX 541.63 and its two-hundred day moving average price is GBX 526.95. The firm has a market cap of £1.71 billion, a PE ratio of 18.80 and a beta of 0.19.

Personal Assets (LON:PNL) last issued its quarterly earnings results on Tuesday, December 2nd. The company reported GBX 3.06 EPS for the quarter. Personal Assets had a net margin of 116.31% and a return on equity of 7.96%.

Insider Buying and Selling at Personal Assets

In other Personal Assets news, insider Iain Ferguson purchased 12,995 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The stock was purchased at an average cost of GBX 539 per share, with a total value of £70,043.05. Insiders own 0.46% of the company’s stock.

About Personal Assets

Personal Assets is what its name implies. It is an investment trust run for private investors, who may often have committed to it a substantial proportion of their personal wealth. Its investment policy is to protect and increase (in that order) the value of shareholders’ funds per share over the long term. It differs from other investment trusts in that its activities are defined not by any particular portfolio specialisation or investment method but by a desire to satisfy the personal requirements of those who invest in it.