Personal Assets (LON:PNL) Stock Passes 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) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 512.93 ($7.00) and traded as high as GBX 523 ($7.14). Personal Assets shares last traded at GBX 520 ($7.10), with a volume of 443,999 shares trading hands.

Personal Assets Stock Down 0.1%

The firm has a market capitalization of £1.62 billion, a price-to-earnings ratio of 1,502.77 and a beta of 0.19. The company has a fifty day moving average price of GBX 513.57 and a two-hundred day moving average price of GBX 511.09.

Personal Assets (LON:PNL - Get Free Report) last posted its quarterly earnings data on Wednesday, June 18th. The company reported GBX 8.92 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

In related news, insider Gordon Joseph Neilly purchased 136 shares of the firm's stock in a transaction that occurred 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 Sharon Brown purchased 12,916 shares of the firm's stock in a transaction that occurred on Monday, July 21st. The shares were bought at an average cost of GBX 512 per share, with a total value of £66,129.92. Insiders purchased a total of 15,047 shares of company stock valued at $7,701,933 over the last three months. 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.