Personal Assets (LON:PNL) Shares Pass Above Fifty Day Moving Average – Here’s Why

Personal Assets (LON:PNL) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 496.02 ($6.22) and traded as high as GBX 497.50 ($6.23). Personal Assets shares last traded at GBX 497.50 ($6.23), with a volume of 158,008 shares.

Personal Assets Trading Up 0.3 %

The company has a market capitalization of £1.62 billion, a PE ratio of 4,145.83 and a beta of 0.19. The business has a fifty day moving average of GBX 496.02 and a 200 day moving average of GBX 490.95.

Personal Assets Announces Dividend

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

Insider Buying and Selling

In other news, insider Gordon Joseph Neilly acquired 55 shares of the company’s stock in a transaction dated Tuesday, October 8th. The stock was acquired at an average cost of GBX 491 ($6.15) per share, for a total transaction of £270.05 ($338.41). Insiders own 23.42% of the company’s stock.

About Personal Assets

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.