Personal Assets (LON:PNL) Reaches New 1-Year High – Here’s Why

Personal Assets (LON:PNL) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 516 ($6.51) and last traded at GBX 514 ($6.48), with a volume of 1262610 shares changing hands. The stock had previously closed at GBX 510 ($6.43).

Personal Assets Stock Up 1.0 %

The firm has a market cap of £1.64 billion, a price-to-earnings ratio of 13.13 and a beta of 0.19. The company’s 50-day moving average price is GBX 503.37 and its 200-day moving average price is GBX 495.93.

Personal Assets (LON:PNL) last posted its quarterly earnings data on Wednesday, December 4th. The company reported GBX 4.67 ($0.06) earnings per share (EPS) for the quarter. Personal Assets had a return on equity of 7.96% and a net margin of 116.31%.

Personal Assets Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Thursday, December 12th were given a GBX 1.40 ($0.02) dividend. This represents a dividend yield of 0.28%. The ex-dividend date of this dividend was Thursday, December 12th. Personal Assets’s dividend payout ratio (DPR) is 15.29%.

Insider Transactions at Personal Assets

In related news, insider Gordon Joseph Neilly purchased 63 shares of the business’s stock in a transaction that occurred on Wednesday, January 29th. The stock was purchased at an average price of GBX 506 ($6.38) per share, with a total value of £318.78 ($402.14). 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.