Personal Assets (LON:PNL) Sets New 12-Month High – Still a Buy?

Personal Assets (LON:PNLGet Free Report) reached a new 52-week high on Thursday . The stock traded as high as GBX 558 and last traded at GBX 556, with a volume of 289235 shares trading hands. The stock had previously closed at GBX 553.

Personal Assets Stock Performance

The company has a 50-day moving average price of GBX 542.33 and a 200-day moving average price of GBX 540.24. The firm has a market capitalization of £1.71 billion, a P/E ratio of 17.12 and a beta of 0.33.

Personal Assets (LON:PNLGet Free Report) last posted its earnings results on Thursday, June 18th. The company reported GBX 6.03 EPS for the quarter. Personal Assets had a return on equity of 6.04% and a net margin of 71.98%.The company had revenue of GBX 2,715 million for the quarter.

Personal Assets Company Profile

(Get Free Report)

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. It differs from other investment trusts in that its activities are defined not by any particular portfolio specialisation or investment method but by a desire to satisfy the personal requirements of those who invest in it.

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