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

Personal Assets (LON:PNL)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-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 traded.

Personal Assets Stock Down 0.4 %

The business has a 50-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 price-to-earnings ratio of 4,129.17 and a beta of 0.19.

Personal Assets Announces Dividend

The company also recently disclosed 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 is currently 5,000.00%.

Insider Buying and Selling at Personal Assets

In related news, insider Gordon Joseph Neilly acquired 55 shares of the business’s stock in a transaction that occurred on Tuesday, October 8th. The shares were acquired at an average cost of GBX 491 ($6.18) per share, with a total value of £270.05 ($339.81). Corporate 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.