Personal Assets (LON:PNL) Sets New 52-Week High – Should You Buy?

Shares of Personal Assets (LON:PNL) hit a new 52-week high during trading on Thursday . The company traded as high as GBX 502 ($6.24) and last traded at GBX 500 ($6.21), with a volume of 216161 shares changing hands. The stock had previously closed at GBX 497 ($6.17).

Personal Assets Price Performance

The company’s 50-day simple moving average is GBX 496.06 and its two-hundred day simple moving average is GBX 491.42. The firm has a market capitalization of £1.62 billion, a P/E ratio of 4,154.17 and a beta of 0.19.

Personal Assets Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, December 12th will be paid a GBX 1.40 ($0.02) dividend. This represents a dividend yield of 0.28%. The ex-dividend date of this dividend is Thursday, December 12th. Personal Assets’s dividend payout ratio (DPR) is currently 5,000.00%.

Insider Buying and Selling

In other Personal Assets news, insider Gordon Joseph Neilly purchased 55 shares of the stock in a transaction that occurred on Tuesday, October 8th. The shares were bought at an average cost of GBX 491 ($6.10) per share, with a total value of £270.05 ($335.47). 23.42% of the stock is currently owned by insiders.

About Personal Assets

Personal Assets Trust plc is a closed ended multi asset mutual fund launched and managed by Troy Asset Management Limited. The fund invests in public equity and fixed income markets across the globe. It benchmarks its performance against the FTSE All-Share Index. Personal Assets Trust plc was launched in 1983, and is domiciled in United Kingdom.