Personal Assets (LON:PNL) Hits New 52-Week High – Here’s What Happened

Personal Assets (LON:PNL) hit a new 52-week high on Tuesday . The stock traded as high as GBX 523 ($6.89) and last traded at GBX 518 ($6.82), with a volume of 1099600 shares changing hands. The stock had previously closed at GBX 519 ($6.84).

Personal Assets Price Performance

The stock has a market capitalization of £1.66 billion, a P/E ratio of 13.29 and a beta of 0.19. The business’s 50 day simple moving average is GBX 506.98 and its 200-day simple moving average is GBX 503.52.

Insider Activity

In other news, insider Iain Ferguson bought 3,894 shares of the stock in a transaction on Tuesday, April 29th. The stock was purchased at an average price of GBX 511 ($6.73) per share, with a total value of £19,898.34 ($26,216.52). Also, insider Jennifer Thomas purchased 400 shares of the firm’s stock in a transaction dated Friday, April 4th. The stock was purchased at an average cost of GBX 506 ($6.67) per share, with a total value of £2,024 ($2,666.67). Insiders have purchased a total of 4,358 shares of company stock valued at $2,224,554 in the last 90 days. 23.42% of the stock is owned by company 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.