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

Key Points

• Shares of Personal Assets (LON:PNL) reached a new 52-week high, trading at GBX 524 ($7.09) with a recent close at GBX 521 ($7.05) and a total volume of 515,156 shares.
• The company reported a significant net margin of 116.31% and a return on equity of 7.96% in its latest earnings results.
• Insider transactions showed significant purchasing activities, with insiders acquiring a total of 15,047 shares valued at nearly $7.7 million over the last three months.

Personal Assets (LON:PNL - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 524 ($7.11) and last traded at GBX 521 ($7.06), with a volume of 515156 shares. The stock had previously closed at GBX 521 ($7.06).

Personal Assets Stock Performance

The business's 50 day moving average is GBX 513.07 and its 200 day moving average is GBX 510.95. The stock has a market cap of £1.62 billion, a price-to-earnings ratio of 1,507.64 and a beta of 0.19.

Personal Assets (LON:PNL - Get Free Report) last posted its quarterly earnings data on Wednesday, June 18th. The company reported GBX 8.92 EPS for the quarter. Personal Assets had a net margin of 116.31% and a return on equity of 7.96%.

Insider Buying and Selling at Personal Assets

In related news, insider Iain Ferguson acquired 1,239 shares of the company's stock in a transaction on Monday, August 4th. The shares were purchased at an average price of GBX 511 per share, for a total transaction of £6,331.29. Also, insider Gordon Joseph Neilly acquired 136 shares of the company's stock in a transaction on Monday, August 4th. The stock was bought at an average price of GBX 511 per share, for a total transaction of £694.96. In the last quarter, insiders have purchased 15,047 shares of company stock worth $7,701,933. 0.46% of the stock is currently owned by company 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.