Personal Assets (LON:PNL) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Personal Assets (LON:PNL)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-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 trading hands.

Personal Assets Trading Down 0.8%

The firm’s fifty day moving average is GBX 539.68 and its 200 day moving average is GBX 523.51. The company has a market cap of £1.68 billion, a PE ratio of 18.58 and a beta of 0.19.

Personal Assets (LON:PNL) last posted 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 return on equity of 7.96% and a net margin of 116.31%.

Insider Activity at Personal Assets

In other Personal Assets news, insider Iain Ferguson bought 12,995 shares of Personal Assets stock in a transaction dated Monday, October 20th. The stock was acquired at an average cost of GBX 539 per share, for a total transaction of £70,043.05. Insiders have bought 13,922 shares of company stock valued at $7,490,990 in the last ninety days. 0.46% of the stock is 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.