Personal Assets (LON:PNL) Releases Earnings Results

Personal Assets (LON:PNL) announced its quarterly earnings data on Thursday. The company reported GBX 6.03 earnings per share for the quarter, Digital Look Earnings reports. Personal Assets had a return on equity of 9.23% and a net margin of 156.09%.The business had revenue of GBX 2,715 million for the quarter.

Personal Assets Stock Down 0.4%

Shares of PNL opened at GBX 535 on Thursday. Personal Assets has a 52 week low of GBX 502.15 and a 52 week high of GBX 584.60. The company has a market capitalization of £1.66 billion, a price-to-earnings ratio of 18.38 and a beta of 0.33. The stock’s 50-day moving average price is GBX 538.17 and its 200-day moving average price is GBX 540.67.

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.