Personal Assets (LON:PNL) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Personal Assets (LON:PNL)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 490.90 ($6.37) and traded as high as GBX 496.50 ($6.44). Personal Assets shares last traded at GBX 493.50 ($6.40), with a volume of 750,934 shares.

Personal Assets Stock Performance

The business’s fifty day moving average is GBX 491.04 and its 200-day moving average is GBX 487.99. The firm has a market cap of £1.60 billion, a P/E ratio of 4,110.93 and a beta of 0.19.

Insider Activity

In related news, insider Gordon Joseph Neilly purchased 55 shares of the firm’s stock in a transaction dated Tuesday, October 8th. The stock was bought at an average price of GBX 491 ($6.37) per share, with a total value of £270.05 ($350.21). In related news, insider Mandy Clements bought 76 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The shares were acquired at an average cost of GBX 487 ($6.32) per share, with a total value of £370.12 ($479.99). Also, insider Gordon Joseph Neilly acquired 55 shares of Personal Assets stock in a transaction on Tuesday, October 8th. The stock was purchased at an average cost of GBX 491 ($6.37) per share, with a total value of £270.05 ($350.21). Over the last 90 days, insiders acquired 272 shares of company stock valued at $132,543. Insiders own 23.42% of the company’s stock.

Personal Assets Company Profile

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.