Personal Assets (LON:PNL) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Personal Assets (LON:PNL) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 496.02 ($6.24) and traded as high as GBX 497.50 ($6.26). Personal Assets shares last traded at GBX 497.50 ($6.26), with a volume of 158,008 shares trading hands.

Personal Assets Price Performance

The company has a fifty day moving average of GBX 495.98 and a 200 day moving average of GBX 491.02. The stock has a market cap of £1.61 billion, a P/E ratio of 4,129.17 and a beta of 0.19.

Personal Assets Dividend Announcement

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

Insiders Place Their Bets

In related news, insider Gordon Joseph Neilly acquired 55 shares of the business’s stock in a transaction dated Tuesday, October 8th. The stock was bought at an average price of GBX 491 ($6.18) per share, for a total transaction of £270.05 ($339.81). 23.42% of the stock is owned by company insiders.

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.