Personal Assets (LON:PNL) Hits New 1-Year High – Here’s Why

Personal Assets (LON:PNLGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as GBX 558 and last traded at GBX 550, with a volume of 346723 shares trading hands. The stock had previously closed at GBX 551.

Personal Assets Stock Performance

The company has a market cap of £1.69 billion, a PE ratio of 16.93 and a beta of 0.33. The company’s 50 day moving average price is GBX 540.18 and its 200-day moving average price is GBX 539.90.

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

Personal Assets Company Profile

(Get Free Report)

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.

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