Personal Assets (LON:PNL) Reaches New 1-Year High – What’s Next?

Shares of Personal Assets (LON:PNL) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 550 and last traded at GBX 548, with a volume of 1413593 shares traded. The stock had previously closed at GBX 549.

Personal Assets Trading Down 0.2%

The company has a market cap of £1.72 billion, a price-to-earnings ratio of 18.83 and a beta of 0.19. The stock’s 50-day moving average is GBX 544.24 and its 200-day moving average is GBX 533.45.

Personal Assets (LON:PNL) last posted 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%.

Insiders Place Their Bets

In other news, insider Iain Ferguson purchased 545 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The shares were acquired at an average cost of GBX 545 per share, with a total value of £2,970.25. Company insiders own 0.46% of the company’s stock.

Personal Assets Company Profile

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.