Personal Assets (LON:PNL) Sets New 12-Month High – Time to Buy?

Personal Assets (LON:PNL)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 500.53 ($6.39) and last traded at GBX 499 ($6.38), with a volume of 312882 shares. The stock had previously closed at GBX 498.50 ($6.37).

Personal Assets Stock Performance

The company’s fifty day moving average price is GBX 494.90 and its 200-day moving average price is GBX 490.01. The stock has a market cap of £1.63 billion, a P/E ratio of 4,170.86 and a beta of 0.19.

Personal Assets Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, December 12th will be issued a GBX 1.40 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a dividend yield of 0.28%. Personal Assets’s dividend payout ratio (DPR) is presently 5,000.00%.

Insider Transactions at Personal Assets

In related news, insider Gordon Joseph Neilly acquired 55 shares of the firm’s stock in a transaction that occurred on Tuesday, October 8th. The stock was bought at an average price of GBX 491 ($6.27) per share, for a total transaction of £270.05 ($345.02). Company insiders own 23.42% of the company’s stock.

About Personal Assets

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.