Personal Assets (LON:PNL) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Personal Assets (LON:PNLGet Free Report)’s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 507.94 ($6.56) and traded as low as GBX 503 ($6.50). Personal Assets shares last traded at GBX 504 ($6.51), with a volume of 558,796 shares changing hands.

Personal Assets Price Performance

The firm has a market capitalization of £1.61 billion, a PE ratio of 12.85 and a beta of 0.19. The company has a 50-day moving average price of GBX 507.94 and a 200 day moving average price of GBX 499.45.

Insider Buying and Selling

In related news, insider Gordon Joseph Neilly purchased 63 shares of Personal Assets stock in a transaction on Wednesday, January 29th. The shares were bought at an average cost of GBX 506 ($6.54) per share, for a total transaction of £318.78 ($411.91). 23.42% of the stock is owned by insiders.

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.

Further Reading

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