Personal Assets (LON:PNL) Shares Cross Below 50-Day Moving Average - Time to Sell?

Key Points

• Personal Assets (LON:PNL) shares fell below their fifty-day moving average during trading on Wednesday, with the stock last trading at GBX 512 ($6.79).
• The company reported a net margin of 116.31% and a return on equity of 7.96% for the most recent earnings period.
• Insider Sharon Brown purchased 12,916 shares of Personal Assets stock, indicating confidence in the firm's future performance.

Personal Assets (LON:PNL - Get Free Report)'s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 512.16 ($6.80) and traded as low as GBX 510 ($6.77). Personal Assets shares last traded at GBX 512 ($6.80), with a volume of 600,537 shares changing hands.

Personal Assets Stock Performance

The business's fifty day moving average price is GBX 511.96 and its 200-day moving average price is GBX 510.02. The company has a market capitalization of £1.63 billion, a P/E ratio of 13.00 and a beta of 0.19.

Personal Assets (LON:PNL - Get Free Report) last released its quarterly earnings results on Wednesday, June 18th. The company reported GBX 8.92 ($0.12) earnings per share 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 Personal Assets news, insider Sharon Brown acquired 12,916 shares of the stock in a transaction dated Monday, July 21st. The stock was purchased at an average cost of GBX 512 ($6.80) per share, for a total transaction of £66,129.92 ($87,810.28). Corporate insiders own 23.42% 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.