Personal Assets (LON:PNL) Hits New 1-Year High – Still a Buy?

Personal Assets (LON:PNL)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 555 and last traded at GBX 552, with a volume of 253550 shares traded. The stock had previously closed at GBX 554.

Personal Assets Price Performance

The stock has a market cap of £1.70 billion, a PE ratio of 17.00 and a beta of 0.33. The business has a fifty day moving average of GBX 538.78 and a 200 day moving average of GBX 539.51.

Personal Assets (LON:PNL) last posted its quarterly earnings data on Thursday, June 18th. The company reported GBX 6.03 earnings per share (EPS) for the quarter. Personal Assets had a return on equity of 6.04% and a net margin of 95.99%.The company had revenue of GBX 2,715 million for the quarter.

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.