Personal Assets (LON:PNL) Shares Cross Above 50-Day Moving Average – Time to Sell?

Shares of Personal Assets (LON:PNL) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 506.37 ($6.53) and traded as high as GBX 511.90 ($6.60). Personal Assets shares last traded at GBX 510 ($6.57), with a volume of 559,041 shares traded.

Personal Assets Stock Down 0.5 %

The firm has a market capitalization of £1.62 billion, a price-to-earnings ratio of 12.93 and a beta of 0.19. The business’s fifty day moving average is GBX 506.37 and its 200 day moving average is GBX 497.71.

Personal Assets (LON:PNL) last released its quarterly earnings results on Wednesday, December 4th. The company reported GBX 4.67 ($0.06) 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 Gordon Joseph Neilly bought 63 shares of the firm’s stock in a transaction that occurred on Wednesday, January 29th. The stock was acquired at an average price of GBX 506 ($6.52) per share, with a total value of £318.78 ($410.90). 23.42% of the stock is owned by 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.