Personal Assets (LON:PNL) Sets New 12-Month High – What’s Next?

Personal Assets (LON:PNL)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 516 ($6.51) and last traded at GBX 514 ($6.48), with a volume of 1262610 shares trading hands. The stock had previously closed at GBX 510 ($6.43).

Personal Assets Stock Performance

The firm has a market cap of £1.64 billion, a price-to-earnings ratio of 13.13 and a beta of 0.19. The company has a 50 day moving average price of GBX 503.37 and a 200 day moving average price of GBX 495.93.

Personal Assets (LON:PNL) last posted its earnings results on Wednesday, December 4th. The company reported GBX 4.67 ($0.06) EPS for the quarter. Personal Assets had a net margin of 116.31% and a return on equity of 7.96%.

Personal Assets Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, January 24th. Investors of record on Thursday, December 12th were given a dividend of GBX 1.40 ($0.02) per share. The ex-dividend date was Thursday, December 12th. This represents a dividend yield of 0.28%. Personal Assets’s payout ratio is currently 15.29%.

Insider Buying and Selling at Personal Assets

In other news, insider Gordon Joseph Neilly bought 63 shares of the stock in a transaction that occurred on Wednesday, January 29th. The stock was bought at an average cost of GBX 506 ($6.38) per share, for a total transaction of £318.78 ($402.14). 23.42% of the stock is owned by corporate insiders.

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.