Personal Assets (LON:PNL) Sets New 52-Week High – Still a Buy?

Shares of Personal Assets (LON:PNL) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 513.80 ($6.40) and last traded at GBX 512 ($6.37), with a volume of 638984 shares traded. The stock had previously closed at GBX 511 ($6.36).

Personal Assets Trading Down 0.2 %

The business has a 50 day simple moving average of GBX 502.02 and a two-hundred day simple moving average of GBX 495.09. The company has a market cap of £1.66 billion, a PE ratio of 4,258.33 and a beta of 0.19.

Personal Assets (LON:PNL) last released its earnings results on Wednesday, December 4th. The company reported GBX 4.67 ($0.06) EPS for the quarter. Personal Assets had a return on equity of 2.49% and a net margin of 66.46%.

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 given a GBX 1.40 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a dividend yield of 0.28%. Personal Assets’s dividend payout ratio is presently 5,000.00%.

Insider Activity at Personal Assets

In other news, insider Gordon Joseph Neilly bought 63 shares of Personal Assets stock in a transaction that occurred on Wednesday, January 29th. The shares were purchased at an average price of GBX 506 ($6.30) per share, for a total transaction of £318.78 ($396.79). 23.42% of the stock is owned by insiders.

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.