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

Personal Assets (LON:PNL) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 548 and last traded at GBX 547.45, with a volume of 49566 shares traded. The stock had previously closed at GBX 547.

Personal Assets Price Performance

The stock has a market capitalization of £1.71 billion, a P/E ratio of 18.76 and a beta of 0.19. The stock’s fifty day moving average is GBX 541.93 and its two-hundred day moving average is GBX 527.37.

Personal Assets (LON:PNL) last released its quarterly earnings data on Tuesday, December 2nd. The company reported GBX 3.06 earnings per share for the quarter. Personal Assets had a return on equity of 7.96% and a net margin of 116.31%.

Insider Transactions at Personal Assets

In other news, insider Iain Ferguson acquired 12,995 shares of Personal Assets stock in a transaction on Monday, October 20th. The stock was bought at an average cost of GBX 539 per share, with a total value of £70,043.05. Insiders own 0.46% of the company’s stock.

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.