Personal Assets (LON:PNL) Stock Passes Above Fifty Day Moving Average - Should You Sell?

Key Points

• Personal Assets shares have recently crossed above their 50-day moving average, trading at GBX 520.20 ($7.01) after reaching a high of GBX 521 ($7.02).
• Insider transactions indicate confidence, with insiders purchasing 15,047 shares valued at approximately $7.7 million over the last 90 days.
• The company reported a significant net margin of 116.31% and a return on equity of 7.96% in its latest earnings results.

Personal Assets (LON:PNL - Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 514.12 ($6.93) and traded as high as GBX 521 ($7.02). Personal Assets shares last traded at GBX 520.20 ($7.01), with a volume of 812,044 shares changing hands.

Personal Assets Trading Up 0.4%

The stock has a market capitalization of £1.62 billion, a price-to-earnings ratio of 1,505.32 and a beta of 0.19. The firm has a 50-day moving average of GBX 514.12 and a 200 day moving average of GBX 511.26.

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 return on equity of 7.96% and a net margin of 116.31%.

Insider Buying and Selling at Personal Assets

In other news, insider Gordon Joseph Neilly purchased 136 shares of the firm's stock in a transaction on Monday, August 4th. The stock was purchased at an average cost of GBX 511 per share, with a total value of £694.96. Also, insider Iain Ferguson purchased 1,239 shares of the firm's stock in a transaction 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. In the last ninety days, insiders bought 15,047 shares of company stock valued at $7,701,933. 0.46% of the stock is owned by corporate 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.