Personal Assets (LON:PNL) Stock Passes Above 50-Day Moving Average – Should You Sell?

Personal Assets (LON:PNL)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 504.84 ($6.40) and traded as high as GBX 512.75 ($6.50). Personal Assets shares last traded at GBX 511 ($6.48), with a volume of 611,251 shares trading hands.

Personal Assets Price Performance

The company’s 50-day moving average price is GBX 504.84 and its two-hundred day moving average price is GBX 496.87. The company has a market capitalization of £1.63 billion, a P/E ratio of 13.05 and a beta of 0.19.

Personal Assets (LON:PNL) last released its quarterly earnings results on Wednesday, December 4th. The company reported GBX 4.67 ($0.06) earnings per share 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 company also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Thursday, December 12th were paid a dividend of GBX 1.40 ($0.02) per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a dividend yield of 0.28%. Personal Assets’s dividend payout ratio (DPR) is currently 15.29%.

Insider Buying and Selling

In other Personal Assets news, insider Gordon Joseph Neilly purchased 63 shares of the stock in a transaction that occurred on Wednesday, January 29th. The shares were acquired at an average cost of GBX 506 ($6.41) per share, with a total value of £318.78 ($404.03). 23.42% of the stock is currently owned by 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.