Personal Assets (LON:PNL) Reaches New 1-Year High – What’s Next?

Shares of Personal Assets (LON:PNL) reached a new 52-week high during trading on Monday . The company traded as high as GBX 512 ($6.29) and last traded at GBX 511.90 ($6.29), with a volume of 528909 shares traded. The stock had previously closed at GBX 511 ($6.28).

Personal Assets Stock Performance

The stock has a 50 day moving average of GBX 500.16 and a 200-day moving average of GBX 493.81. The company has a market cap of £1.67 billion, a PE ratio of 4,266.67 and a beta of 0.19.

Personal Assets (LON:PNL) last posted 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 net margin of 66.46% and a return on equity of 2.49%.

Personal Assets Announces Dividend

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

Insider Buying and Selling

In other Personal Assets news, insider Gordon Joseph Neilly acquired 63 shares of the business’s stock in a transaction dated Wednesday, January 29th. The stock was acquired at an average cost of GBX 506 ($6.22) per share, for a total transaction of £318.78 ($391.67). 23.42% of the stock is currently 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.