Personal Assets (LON:PNL) Reaches New 1-Year High – Time to Buy?

Personal Assets (LON:PNL)’s stock price hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as GBX 558 and last traded at GBX 557.10, with a volume of 1,337,739 shares trading hands. The stock had previously closed at GBX 554.

Personal Assets Stock Performance

The stock has a market cap of £1.71 billion, a price-to-earnings ratio of 17.15 and a beta of 0.34. The business’s 50 day moving average is GBX 547.29 and its 200-day moving average is GBX 542.15.

Insider Buying and Selling at Personal Assets

In related news, insider Sharon Brown bought 10,000 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was acquired at an average price of GBX 556 per share, with a total value of £55,600. Also, insider Iain Ferguson bought 3,618 shares of the business’s stock in a transaction dated Thursday, October 22nd. The shares were bought at an average cost of GBX 550 per share, with a total value of £19,899. Over the last ninety days, insiders have acquired 15,427 shares of company stock worth $8,544,850. Insiders own 0.47% 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.