Personal Assets (LON:PNL) Stock Crosses Above 50-Day Moving Average - Should You Sell?

Key Points

• Personal Assets (LON:PNL) stock price crossed above its 50-day moving average on Thursday, trading at GBX 520 ($7.06) with a high of GBX 523 ($7.10).
• The company has a market capitalization of £1.62 billion, with a very high price-to-earnings ratio of 1,504.79 and a net margin of 116.31%.
• Recent insider activity shows significant stock purchases, including 12,916 shares by insider Sharon Brown at an average price of GBX 512, over the last 90 days insiders acquired 15,047 shares worth $7.7 million.

Personal Assets (LON:PNL - Get Free Report)'s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 512.93 ($6.97) and traded as high as GBX 523 ($7.10). Personal Assets shares last traded at GBX 520 ($7.06), with a volume of 443,999 shares trading hands.

Personal Assets Stock Up 0.0%

The stock has a market capitalization of £1.62 billion, a price-to-earnings ratio of 1,504.79 and a beta of 0.19. The company's fifty day simple moving average is GBX 512.93 and its 200 day simple moving average is GBX 510.93.

Personal Assets (LON:PNL - Get Free Report) last released 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 Activity

In other Personal Assets news, insider Iain Ferguson bought 756 shares of Personal Assets stock in a transaction dated Monday, August 4th. The stock was bought at an average price of GBX 511 per share, with a total value of £3,863.16. Also, insider Sharon Brown bought 12,916 shares of Personal Assets stock in a transaction dated Monday, July 21st. The stock was acquired at an average cost of GBX 512 per share, with a total value of £66,129.92. Over the last 90 days, insiders acquired 15,047 shares of company stock valued at $7,701,933. 0.46% of the stock is owned by company insiders.

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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