Personal Assets (LON:PNL) Stock Passes Above Fifty Day Moving Average – Should You Sell?

Personal Assets (LON:PNL) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 539.68 and traded as high as GBX 545. Personal Assets shares last traded at GBX 540.75, with a volume of 571,281 shares.

Personal Assets Stock Down 0.8%

The stock has a market capitalization of £1.68 billion, a price-to-earnings ratio of 18.58 and a beta of 0.19. The company has a fifty day moving average of GBX 539.68 and a two-hundred day moving average of GBX 523.46.

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 related news, insider Iain Ferguson purchased 12,995 shares of the stock in a transaction that occurred on Monday, October 20th. The stock was purchased at an average cost of GBX 539 per share, for a total transaction of £70,043.05. Over the last three months, insiders have acquired 13,922 shares of company stock worth $7,490,990. 0.46% of the stock is currently owned by corporate insiders.

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.