Personal Assets (LON:PNL) Reaches New 12-Month High - Time to Buy?

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.

Shares of Personal Assets (LON:PNL - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as GBX 524 ($7.09) and last traded at GBX 521 ($7.05), with a volume of 515156 shares changing hands. The stock had previously closed at GBX 521 ($7.05).

Personal Assets Price Performance

The stock has a market capitalization of £1.62 billion, a price-to-earnings ratio of 1,507.64 and a beta of 0.19. The business's 50-day simple moving average is GBX 512.55 and its two-hundred day simple moving average is GBX 510.79.

Personal Assets (LON:PNL - Get Free Report) last posted its earnings results 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 Transactions at Personal Assets

In related news, insider Sharon Brown purchased 12,916 shares of the company's stock in a transaction that occurred on Monday, July 21st. The stock was acquired at an average price of GBX 512 per share, for a total transaction of £66,129.92. Also, insider Gordon Joseph Neilly purchased 136 shares of the company's stock in a transaction that occurred on Monday, August 4th. The stock was bought at an average price of GBX 511 per share, with a total value of £694.96. Over the last three months, insiders have bought 15,047 shares of company stock valued at $7,701,933. Corporate insiders own 0.46% of the company's stock.

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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