Personal Assets (LON:PNL) Sets New 52-Week High – Still a Buy?

Personal Assets (LON:PNL)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 547 and last traded at GBX 541, with a volume of 308354 shares traded. The stock had previously closed at GBX 542.

Personal Assets Stock Performance

The stock has a fifty day moving average of GBX 540.77 and a 200 day moving average of GBX 524.52. The company has a market capitalization of £1.68 billion, a PE ratio of 18.59 and a beta of 0.19.

Personal Assets (LON:PNL) last announced 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%.

Insider Buying and Selling

In related news, insider Iain Ferguson acquired 12,995 shares of the company’s stock in a transaction on Monday, October 20th. The stock was acquired at an average price of GBX 539 per share, with a total value of £70,043.05. In the last 90 days, insiders have acquired 13,922 shares of company stock valued at $7,490,990. 0.46% of the stock is owned by 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.