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

Personal Assets (LON:PNL) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 554 and last traded at GBX 554, with a volume of 298 shares trading hands. The stock had previously closed at GBX 552.

Personal Assets Stock Performance

The business has a fifty day moving average of GBX 546.03 and a two-hundred day moving average of GBX 536.29. The firm has a market capitalization of £1.73 billion, a price-to-earnings ratio of 18.86 and a beta of 0.31.

Personal Assets (LON:PNL) last announced its quarterly earnings results on Tuesday, December 2nd. The company reported GBX 3.06 earnings per share (EPS) for the quarter. Personal Assets had a return on equity of 9.43% and a net margin of 156.09%.

Insider Activity at Personal Assets

In related news, insider Iain Ferguson purchased 333 shares of the stock in a transaction on Tuesday, January 27th. The shares were purchased at an average cost of GBX 545 per share, with a total value of £1,814.85. 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.