Personal Assets (LON:PNL) Hits New 52-Week High – Here’s What Happened

Personal Assets (LON:PNL)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 550 and last traded at GBX 544.51, with a volume of 85565 shares traded. The stock had previously closed at GBX 544.

Personal Assets Stock Up 0.7%

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 company’s fifty day moving average price is GBX 543.72 and its two-hundred day moving average price is GBX 532.67.

Personal Assets (LON:PNL) last announced 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 acquired 333 shares of the firm’s stock in a transaction on Tuesday, January 27th. The stock was bought at an average price of GBX 545 per share, for a total transaction of £1,814.85. 0.46% of the stock is currently owned by company insiders.

About Personal Assets

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.