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

Personal Assets (LON:PNL)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 507.90 ($6.32) and last traded at GBX 507 ($6.31), with a volume of 754398 shares. The stock had previously closed at GBX 505 ($6.29).

Personal Assets Stock Performance

The company has a 50-day moving average price of GBX 499.61 and a 200-day moving average price of GBX 493.43. The firm has a market capitalization of £1.65 billion, a P/E ratio of 4,234.33 and a beta of 0.19.

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

Personal Assets Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Thursday, December 12th were paid 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 Transactions at Personal Assets

In other Personal Assets news, insider Gordon Joseph Neilly purchased 63 shares of the stock in a transaction on Wednesday, January 29th. The stock was bought at an average cost of GBX 506 ($6.30) per share, for a total transaction of £318.78 ($396.89). Insiders own 23.42% 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.