Personal Assets (LON:PNL) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Shares of Personal Assets (LON:PNL) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 490.90 ($6.37) and traded as high as GBX 496.50 ($6.44). Personal Assets shares last traded at GBX 493.50 ($6.40), with a volume of 750,934 shares trading hands.

Personal Assets Stock Performance

The stock has a market capitalization of £1.60 billion, a P/E ratio of 4,110.93 and a beta of 0.19. The firm’s 50-day simple moving average is GBX 491.04 and its 200 day simple moving average is GBX 487.99.

Insider Activity at Personal Assets

In other Personal Assets news, insider Gordon Joseph Neilly purchased 141 shares of the business’s stock in a transaction on Monday, August 5th. The stock was acquired at an average price of GBX 486 ($6.30) per share, with a total value of £685.26 ($888.68). In other Personal Assets news, insider Mandy Clements bought 76 shares of Personal Assets stock in a transaction dated Wednesday, August 21st. The stock was bought at an average price of GBX 487 ($6.32) per share, with a total value of £370.12 ($479.99). Also, insider Gordon Joseph Neilly bought 141 shares of the stock in a transaction dated Monday, August 5th. The shares were acquired at an average cost of GBX 486 ($6.30) per share, for a total transaction of £685.26 ($888.68). In the last ninety days, insiders bought 272 shares of company stock worth $132,543. Insiders own 23.42% 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.