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

Personal Assets (LON:PNL) shares hit 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 traded. The stock had previously closed at GBX 498.50 ($6.37).

Personal Assets Stock Up 0.2 %

The company’s fifty day moving average is GBX 494.90 and its two-hundred day moving average is GBX 490.01. The stock has a market cap of £1.63 billion, a price-to-earnings 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. Investors 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 yield of 0.28%. Personal Assets’s dividend payout ratio (DPR) is 5,000.00%.

Insider Activity at Personal Assets

In related news, insider Gordon Joseph Neilly purchased 55 shares of the company’s stock in a transaction on Tuesday, October 8th. The shares were bought at an average cost of GBX 491 ($6.27) per share, for a total transaction of £270.05 ($345.02). 23.42% of the stock is owned by corporate insiders.

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.