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

Key Points

• Personal Assets' stock reached a new 52-week high of GBX 524 ($7.05), with a trading volume of 998,640 shares.
• The company has a market capitalization of £1.63 billion and a notably high price-to-earnings ratio of 1,516.32.
• Recent insider transactions show confidence in the stock, with insiders acquiring 15,047 shares valued at approximately $7.7 million in the last quarter.

Personal Assets (LON:PNL - )'s stock price hit a new 52-week high on Wednesday . The stock traded as high as GBX 524 ($7.05) and last traded at GBX 524 ($7.05), with a volume of 998640 shares traded. The stock had previously closed at GBX 523 ($7.03).

Personal Assets Trading Up 0.2%

The company has a market cap of £1.63 billion, a price-to-earnings ratio of 1,516.32 and a beta of 0.19. The company has a fifty day moving average price of GBX 515.50 and a two-hundred day moving average price of GBX 512.08.

Insider Transactions at Personal Assets

In other news, insider Iain Ferguson acquired 756 shares of the firm's stock in a transaction dated Monday, August 4th. The shares were bought at an average price of GBX 511 per share, with a total value of £3,863.16. Also, insider Sharon Brown bought 12,916 shares of the business's stock in a transaction that occurred on Monday, July 21st. The shares were bought at an average price of GBX 512 per share, with a total value of £66,129.92. In the last quarter, insiders have bought 15,047 shares of company stock valued at $7,701,933. 0.46% of the stock is owned by corporate 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.

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