Personal Assets Trust (LON:PNL) Shares Cross Above Fifty Day Moving Average of $477.57

Shares of Personal Assets Trust plc (LON:PNL) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 477.57 ($5.90) and traded as high as GBX 484 ($5.98). Personal Assets Trust shares last traded at GBX 482.50 ($5.96), with a volume of 431,760 shares trading hands.

Personal Assets Trust Price Performance

The firm has a market capitalization of £1.68 billion, a PE ratio of 9,700.00 and a beta of 0.19. The business has a 50-day simple moving average of GBX 477.74 and a 200-day simple moving average of GBX 471.41.

Personal Assets Trust Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, April 16th. Shareholders of record on Thursday, March 7th were given a dividend of GBX 1.40 ($0.02) per share. The ex-dividend date was Thursday, March 7th. This represents a yield of 0.3%. Personal Assets Trust’s dividend payout ratio (DPR) is presently 12,000.00%.

Insider Buying and Selling at Personal Assets Trust

In related news, insider Iain Ferguson bought 294 shares of the company’s stock in a transaction on Thursday, April 18th. The shares were acquired at an average price of GBX 483 ($5.97) per share, with a total value of £1,420.02 ($1,753.98). Insiders own 2.87% of the company’s stock.

About Personal Assets Trust

Personal Assets Trust plc is a closed ended multi asset mutual fund launched and managed by Troy Asset Management Limited. The fund invests in public equity and fixed income markets across the globe. It benchmarks its performance against the FTSE All-Share Index. Personal Assets Trust plc was launched in 1983, and is domiciled in United Kingdom.