Personal Assets (LON:PNL) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Personal Assets (LON:PNL)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 540.09 and traded as low as GBX 537. Personal Assets shares last traded at GBX 540, with a volume of 246,498 shares changing hands.

Personal Assets Stock Performance

The firm has a market cap of £1.68 billion, a PE ratio of 18.55 and a beta of 0.33. The company’s 50-day simple moving average is GBX 537.42 and its two-hundred day simple moving average is GBX 540.09.

Personal Assets (LON:PNL) last released its quarterly earnings data on Thursday, June 18th. The company reported GBX 6.03 earnings per share (EPS) for the quarter. The firm had revenue of GBX 2,715 million for the quarter. Personal Assets had a net margin of 95.99% and a return on equity of 6.04%.

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. 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.