Personal Assets (LON:PNL) Sets New 12-Month High - Here's Why

Personal Assets (LON:PNL - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 523 ($6.95) and last traded at GBX 518 ($6.88), with a volume of 1099600 shares. The stock had previously closed at GBX 519 ($6.89).

Personal Assets Stock Performance

The company has a 50 day moving average of GBX 507.56 and a 200-day moving average of GBX 503.83. The firm has a market capitalization of £1.64 billion, a P/E ratio of 13.10 and a beta of 0.19.

Insider Activity

In related news, insider Jennifer Thomas acquired 400 shares of the company's stock in a transaction on Friday, April 4th. The stock was purchased at an average cost of GBX 506 ($6.72) per share, with a total value of £2,024 ($2,688.63). Also, insider Iain Ferguson bought 3,894 shares of Personal Assets stock in a transaction dated Tuesday, April 29th. The shares were bought at an average cost of GBX 511 ($6.79) per share, for a total transaction of £19,898.34 ($26,432.44). Over the last 90 days, insiders acquired 4,358 shares of company stock valued at $2,224,554. 23.42% of the stock is owned by company 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.