Personal Assets (LON:PNL) Hits New 12-Month High - Here's What Happened

Key Points

• Personal Assets (LON:PNL) stock reached a new 52-week high of GBX 528 ($7.04) during mid-day trading, closing at GBX 526.88 ($7.03).
• The company has a market capitalization of £1.64 billion, and insiders recently purchased a total of 15,974 shares valued at approximately $8.2 million in the last ninety days.
• Personal Assets focuses on protecting and increasing the value of shareholders' funds, emphasizing long-term investment strategies.

Personal Assets (LON:PNL - )'s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 528 ($7.04) and last traded at GBX 526.88 ($7.03), with a volume of 39228 shares trading hands. The stock had previously closed at GBX 526 ($7.02).

Personal Assets Trading Up 0.2%

The stock has a market cap of £1.64 billion, a PE ratio of 1,524.64 and a beta of 0.19. The business has a 50-day moving average price of GBX 517.65 and a 200-day moving average price of GBX 513.38.

Insider Activity at Personal Assets

In other news, insider Sharon Brown acquired 12,916 shares of Personal Assets stock in a transaction that occurred on Monday, July 21st. The stock was purchased at an average cost of GBX 512 per share, with a total value of £66,129.92. Also, insider Gordon Joseph Neilly acquired 136 shares of Personal Assets stock in a transaction that occurred on Monday, August 4th. The stock was purchased at an average cost of GBX 511 per share, with a total value of £694.96. In the last ninety days, insiders bought 15,974 shares of company stock valued at $8,188,618. 0.46% of the stock is owned by insiders.

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.

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