Personal Assets (LON:PNL) Stock Crosses Above 50-Day Moving Average – Should You Sell?

Personal Assets (LON:PNL)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 488.73 ($6.40) and traded as high as GBX 492.10 ($6.44). Personal Assets shares last traded at GBX 490 ($6.41), with a volume of 1,113,512 shares traded.

Personal Assets Trading Up 0.1 %

The firm has a market capitalization of £1.60 billion, a P/E ratio of 4,083.33 and a beta of 0.19. The stock’s 50-day simple moving average is GBX 488.73 and its 200-day simple moving average is GBX 486.44.

Personal Assets Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 4th. Shareholders of record on Thursday, August 22nd were given a GBX 1.40 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a yield of 0.29%. Personal Assets’s dividend payout ratio is currently 5,000.00%.

Insider Buying and Selling at Personal Assets

In other Personal Assets news, insider Mandy Clements bought 76 shares of the stock in a transaction dated Wednesday, August 21st. The shares were bought at an average cost of GBX 487 ($6.37) per share, for a total transaction of £370.12 ($484.39). In related news, insider Mandy Clements bought 76 shares of Personal Assets stock in a transaction dated Wednesday, August 21st. The stock was purchased at an average cost of GBX 487 ($6.37) per share, with a total value of £370.12 ($484.39). Also, insider Gordon Joseph Neilly purchased 141 shares of the stock in a transaction that occurred on Monday, August 5th. The stock was bought at an average cost of GBX 486 ($6.36) per share, for a total transaction of £685.26 ($896.82). Corporate insiders own 23.27% of the company’s stock.

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.