Personal Assets (LON:PNL) Hits New 12-Month High – Should You Buy?

Personal Assets (LON:PNL)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 507 ($6.26) and last traded at GBX 506 ($6.25), with a volume of 418315 shares. The stock had previously closed at GBX 504 ($6.23).

Personal Assets Stock Performance

The stock has a market cap of £1.64 billion, a PE ratio of 4,208.33 and a beta of 0.19. The stock has a fifty day simple moving average of GBX 498.56 and a two-hundred day simple moving average of GBX 492.82.

Personal Assets (LON:PNL) last announced its earnings results on Wednesday, December 4th. The company reported GBX 4.67 ($0.06) earnings per share for the quarter. Personal Assets had a net margin of 66.46% and a return on equity of 2.49%.

Personal Assets Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, January 24th. Shareholders of record on Thursday, December 12th will be issued a dividend of GBX 1.40 ($0.02) per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a yield of 0.28%. Personal Assets’s dividend payout ratio is presently 5,000.00%.

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.