Personal Assets (LON:PNL) Reaches New 1-Year High – Should You Buy?

Shares of Personal Assets (LON:PNL) reached a new 52-week high during trading on Tuesday. The stock traded as high as GBX 558 and last traded at GBX 557.10, with a volume of 1,337,739 shares changing hands. The stock had previously closed at GBX 554.

Personal Assets Price Performance

The stock has a market capitalization of £1.70 billion, a price-to-earnings ratio of 17.06 and a beta of 0.34. The business has a fifty day moving average of GBX 547.61 and a 200 day moving average of GBX 542.29.

Insiders Place Their Bets

In other Personal Assets news, insider Sharon Brown purchased 10,000 shares of the stock in a transaction dated Friday, August 28th. The stock was acquired at an average cost of GBX 556 per share, for a total transaction of £55,600. Also, insider Iain Ferguson purchased 1,809 shares of the stock in a transaction dated Thursday, October 22nd. The shares were acquired at an average price of GBX 550 per share, with a total value of £9,949.50. Insiders acquired 15,427 shares of company stock worth $8,544,850 in the last 90 days. Company insiders own 0.47% 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. It differs from other investment trusts in that its activities are defined not by any particular portfolio specialisation or investment method but by a desire to satisfy the personal requirements of those who invest in it.