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

Key Points

• Personal Assets' stock price surpassed its fifty day moving average, trading around GBX 520 ($6.99) with a market cap of £1.63 billion.
• Insiders have been actively buying shares, with transactions totaling 15,047 shares worth $7,701,933 in the last 90 days.
• The company reported a quarterly EPS of GBX 8.92, with a remarkable net margin of 116.31%.

Personal Assets (LON:PNL - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 511.33 ($6.93) and traded as high as GBX 522 ($7.07). Personal Assets shares last traded at GBX 520 ($7.04), with a volume of 837,883 shares.

Personal Assets Price Performance

The firm has a market capitalization of £1.62 billion, a P/E ratio of 1,507.64 and a beta of 0.19. The business's 50-day moving average is GBX 512.33 and its 200 day moving average is GBX 510.72.

Personal Assets (LON:PNL - Get Free Report) last released 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 Buying and Selling

In other Personal Assets news, insider Sharon Brown purchased 12,916 shares of the stock in a transaction that occurred on Monday, July 21st. The shares were acquired at an average cost of GBX 512 per share, with a total value of £66,129.92. Also, insider Gordon Joseph Neilly purchased 136 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were acquired at an average cost of GBX 511 per share, for a total transaction of £694.96. Over the last three months, insiders have acquired 15,047 shares of company stock valued at $7,701,933. 0.46% of the stock is 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.