Personal Assets (LON:PNL) Hits New 1-Year High – Time to Buy?

Personal Assets (LON:PNL) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 516 ($6.54) and last traded at GBX 514 ($6.51), with a volume of 1262610 shares trading hands. The stock had previously closed at GBX 510 ($6.46).

Personal Assets Price Performance

The company has a market cap of £1.65 billion, a PE ratio of 13.15 and a beta of 0.19. The firm has a fifty day simple moving average of GBX 503.70 and a 200-day simple moving average of GBX 496.07.

Personal Assets (LON:PNL) last posted its quarterly earnings data on Wednesday, December 4th. The company reported GBX 4.67 ($0.06) earnings per share for the quarter. Personal Assets had a return on equity of 7.96% and a net margin of 116.31%.

Personal Assets Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, January 24th. Shareholders of record on Thursday, December 12th were paid a GBX 1.40 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a yield of 0.28%. Personal Assets’s dividend payout ratio is presently 15.29%.

Insider Activity

In related news, insider Gordon Joseph Neilly purchased 63 shares of the business’s stock in a transaction dated Wednesday, January 29th. The stock was acquired at an average price of GBX 506 ($6.41) per share, for a total transaction of £318.78 ($403.93). Corporate insiders own 23.42% of the company’s stock.

Personal Assets Company Profile

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.