Personal Assets (LON:PNL) Share Price Crosses Above 50-Day Moving Average - What's Next?

Personal Assets (LON:PNL - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 506.54 ($6.81) and traded as high as GBX 512 ($6.88). Personal Assets shares last traded at GBX 512 ($6.88), with a volume of 638,111 shares.

Personal Assets Price Performance

The firm has a market capitalization of £1.63 billion, a price-to-earnings ratio of 13.02 and a beta of 0.19. The stock has a fifty day moving average of GBX 506.38 and a two-hundred day moving average of GBX 502.17.

Insider Activity

In other news, insider Jennifer Thomas bought 400 shares of Personal Assets stock in a transaction that occurred on Friday, April 4th. The shares were acquired at an average price of GBX 506 ($6.80) per share, with a total value of £2,024 ($2,719.33). Also, insider Gordon Joseph Neilly acquired 63 shares of Personal Assets stock in a transaction dated Wednesday, January 29th. The shares were purchased at an average price of GBX 506 ($6.80) per share, for a total transaction of £318.78 ($428.30). Insiders have purchased a total of 527 shares of company stock worth $266,598 over the last ninety days. Company insiders own 23.42% of the company's stock.

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.