Personal Assets (LON:PNL) Hits New 1-Year High – What’s Next?

Personal Assets (LON:PNL)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 535 ($7.15) and last traded at GBX 534.16 ($7.14), with a volume of 31647 shares. The stock had previously closed at GBX 534 ($7.14).

Personal Assets Stock Performance

The company’s fifty day simple moving average is GBX 520.81 and its 200-day simple moving average is GBX 514.68. The company has a market capitalization of £1.66 billion, a P/E ratio of 15.48 and a beta of 0.19.

Insider Transactions at Personal Assets

In other news, insider Iain Ferguson purchased 12,995 shares of the stock in a transaction dated Monday, October 20th. The shares were acquired at an average cost of GBX 539 per share, for a total transaction of £70,043.05. Also, insider Gordon Joseph Neilly purchased 136 shares of the stock in a transaction dated Monday, August 4th. The stock was purchased at an average price of GBX 511 per share, for a total transaction of £694.96. Insiders bought a total of 16,053 shares of company stock worth $8,579,931 over the last 90 days. Company insiders own 0.46% of the company’s stock.

About Personal Assets

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.