Personal Assets (LON:PNL) Hits New 52-Week High – Should You Buy?

Personal Assets (LON:PNL)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 516 ($6.54) and last traded at GBX 514 ($6.51), with a volume of 1262610 shares traded. The stock had previously closed at GBX 510 ($6.46).

Personal Assets Price Performance

The business’s 50-day moving average is GBX 503.70 and its two-hundred day moving average is GBX 496.07. The stock has a market capitalization of £1.65 billion, a price-to-earnings ratio of 13.15 and a beta of 0.19.

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

Personal Assets Announces Dividend

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

Insider Activity at Personal Assets

In related news, insider Gordon Joseph Neilly acquired 63 shares of Personal Assets stock in a transaction dated Wednesday, January 29th. The shares were acquired at an average cost of GBX 506 ($6.41) per share, for a total transaction of £318.78 ($403.93). Company insiders own 23.42% 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.