Personal Assets (LON:PNL) Sets New 12-Month High – Should You Buy?

Personal Assets (LON:PNL) reached a new 52-week high during trading on Thursday. The stock traded as high as GBX 563.10 and last traded at GBX 561, with a volume of 445,633 shares traded. The stock had previously closed at GBX 557.

Personal Assets Price Performance

The stock’s 50-day moving average is GBX 548.09 and its 200 day moving average is GBX 542.62. The company has a market cap of £1.70 billion, a PE ratio of 17.15 and a beta of 0.34.

Insider Buying and Selling at Personal Assets

In other Personal Assets news, insider Sharon Brown purchased 10,000 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was bought at an average cost of GBX 556 per share, for a total transaction of £55,600. Also, insider Iain Ferguson purchased 1,809 shares of the firm’s stock in a transaction on Thursday, October 22nd. The stock was acquired at an average price of GBX 550 per share, with a total value of £9,949.50. In the last quarter, insiders have bought 15,427 shares of company stock valued at $8,544,850. Company insiders own 0.48% of the company’s stock.

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.