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

Personal Assets logo with Financial Services background

Key Points

  • The stock price of Personal Assets (LON:PNL) has crossed above its fifty-day moving average of GBX 511.12 ($6.93), indicating a potential bullish trend.
  • Insider transactions have been notable, with insiders acquiring a total of 15,047 shares worth approximately $7.7 million over the last quarter.
  • The company reported earnings of GBX 8.92 ($0.12) per share with a net margin of 116.31% during its latest earnings announcement on June 18th.
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Personal Assets (LON:PNL - Get Free Report)'s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 511.12 ($6.90) and traded as high as GBX 512 ($6.91). Personal Assets shares last traded at GBX 510 ($6.88), with a volume of 499,445 shares trading hands.

Personal Assets Stock Up 0.4%

The firm's 50 day simple moving average is GBX 510.86 and its 200 day simple moving average is GBX 510.34. The company has a market cap of £1.64 billion, a price-to-earnings ratio of 13.10 and a beta of 0.19.

Personal Assets (LON:PNL - Get Free Report) last announced its quarterly 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 Activity

In related news, insider Iain Ferguson acquired 1,239 shares of the firm's stock in a transaction dated Monday, August 4th. The stock was acquired at an average cost of GBX 511 per share, for a total transaction of £6,331.29. Also, insider Gordon Joseph Neilly acquired 136 shares of the firm's 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 £694.96. Insiders purchased 15,047 shares of company stock worth $7,701,933 over the last three months. Corporate insiders own 23.42% of the company's stock.

Personal Assets Company Profile

(Get Free Report)

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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