Personal Assets (LON:PNL) Hits New 52-Week High - Still a Buy?

Personal Assets (LON:PNL - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 502 ($6.21) and last traded at GBX 500 ($6.19), with a volume of 216161 shares. The stock had previously closed at GBX 497 ($6.15).

Personal Assets Stock Up 0.5 %

The firm has a market capitalization of £1.63 billion, a price-to-earnings ratio of 4,162.50 and a beta of 0.19. The business has a 50-day moving average price of GBX 496.01 and a 200-day moving average price of GBX 491.29.

Personal Assets Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, January 24th. Investors of record on Thursday, December 12th will be given a GBX 1.40 ($0.02) dividend. This represents a dividend yield of 0.28%. The ex-dividend date of this dividend is Thursday, December 12th. Personal Assets's payout ratio is currently 5,000.00%.

Insiders Place Their Bets

In other news, insider Gordon Joseph Neilly acquired 55 shares of the business's stock in a transaction dated Tuesday, October 8th. The shares were acquired at an average cost of GBX 491 ($6.08) per share, with a total value of £270.05 ($334.26). 23.42% of the stock is owned by insiders.

Personal Assets Company Profile

Personal Assets Trust plc is a closed ended multi asset mutual fund launched and managed by Troy Asset Management Limited. The fund invests in public equity and fixed income markets across the globe. It benchmarks its performance against the FTSE All-Share Index. Personal Assets Trust plc was launched in 1983, and is domiciled in United Kingdom.