Personal Assets (LON:PNL) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Personal Assets (LON:PNL) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 514.12 ($6.93) and traded as high as GBX 521 ($7.02). Personal Assets shares last traded at GBX 520.20 ($7.01), with a volume of 812,044 shares changing hands.

Personal Assets Trading Up 0.4%

The firm has a market cap of £1.62 billion, a PE ratio of 1,505.32 and a beta of 0.19. The business’s 50-day simple moving average is GBX 514.12 and its 200 day simple moving average is GBX 511.25.

Personal Assets (LON:PNL) last posted its earnings results on Wednesday, June 18th. The company reported GBX 8.92 EPS for the quarter. Personal Assets had a net margin of 116.31% and a return on equity of 7.96%.

Insider Transactions at Personal Assets

In other news, insider Iain Ferguson acquired 1,239 shares of the business’s stock in a transaction dated Monday, August 4th. The shares were purchased at an average price of GBX 511 per share, with a total value of £6,331.29. Also, insider Gordon Joseph Neilly acquired 136 shares of the business’s stock in a transaction dated Monday, August 4th. The stock was purchased at an average cost of GBX 511 per share, for a total transaction of £694.96. Insiders have bought a total of 15,047 shares of company stock valued at $7,701,933 in the last 90 days. 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.