Personal Assets (LON:PNL) Announces Quarterly Earnings Results

Personal Assets (LON:PNL) issued its earnings results on Thursday. The company reported GBX 6.03 earnings per share for the quarter, Digital Look Earnings reports. Personal Assets had a net margin of 156.09% and a return on equity of 9.23%. The business had revenue of GBX 2,715 million for the quarter.

Personal Assets Stock Performance

Shares of Personal Assets stock opened at GBX 534.98 on Thursday. The firm’s 50-day simple moving average is GBX 538.17 and its 200-day simple moving average is GBX 540.67. Personal Assets has a twelve month low of GBX 502.15 and a twelve month high of GBX 584.60. The firm has a market cap of £1.66 billion, a P/E ratio of 18.38 and a beta of 0.33.

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.