Personal Assets (LON:PNL) Reaches New 1-Year High - Here's What Happened

Key Points

• Shares of Personal Assets (LON:PNL) reached a new 52-week high, trading at GBX 535 ($7.18), while the market cap stands at £1.66 billion.
• Insider transactions included purchases by Iain Ferguson and Gordon Joseph Neilly, totaling over £7,000 for 1,375 shares at an average cost of GBX 511 per share.
• The company focuses on protecting and increasing shareholders' wealth over the long term, catering specifically to private investors.

Shares of Personal Assets (LON:PNL - ) hit a new 52-week high on Monday . The company traded as high as GBX 535 ($7.18) and last traded at GBX 534.16 ($7.17), with a volume of 31647 shares trading hands. The stock had previously closed at GBX 534 ($7.17).

Personal Assets Price Performance

The firm has a market cap of £1.66 billion, a PE ratio of 15.47 and a beta of 0.19. The business has a fifty day moving average price of GBX 519.73 and a two-hundred day moving average price of GBX 514.28.

Insider Buying and Selling

In related news, insider Iain Ferguson acquired 1,239 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were purchased at an average cost of GBX 511 per share, with a total value of £6,331.29. Also, insider Gordon Joseph Neilly acquired 136 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were bought at an average cost of GBX 511 per share, for a total transaction of £694.96. Insiders have purchased 3,058 shares of company stock worth $1,575,626 over the last ninety days. 0.46% of the stock is currently owned by 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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