Personal Assets (LON:PNL) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Personal Assets (LON:PNL) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 543.66 and traded as high as GBX 548. Personal Assets shares last traded at GBX 545, with a volume of 696,170 shares traded.

Personal Assets Stock Up 0.5%

The firm has a market capitalization of £1.72 billion, a PE ratio of 18.78 and a beta of 0.19. The business has a 50-day moving average price of GBX 543.66 and a 200-day moving average price of GBX 532.27.

Personal Assets (LON:PNL) last released its quarterly earnings data on Tuesday, December 2nd. The company reported GBX 3.06 earnings per share (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 333 shares of Personal Assets stock in a transaction on Tuesday, January 27th. The shares were bought at an average price of GBX 545 per share, with a total value of £1,814.85. 0.46% of the stock is currently owned by 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.