Personal Assets (LON:PNL) Shares Cross Above 50-Day Moving Average of $486.78

Shares of Personal Assets (LON:PNL) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 486.78 ($6.16) and traded as high as GBX 487 ($6.16). Personal Assets shares last traded at GBX 486 ($6.15), with a volume of 613,136 shares trading hands.

Personal Assets Stock Performance

The stock has a market cap of £1.68 billion, a price-to-earnings ratio of 9,720.00 and a beta of 0.19. The company’s 50 day simple moving average is GBX 486.78 and its two-hundred day simple moving average is GBX 478.95.

Personal Assets Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 31st. Investors of record on Thursday, June 27th will be issued a dividend of GBX 3 ($0.04) per share. This is an increase from Personal Assets’s previous dividend of $1.40. This represents a dividend yield of 0.61%. The ex-dividend date of this dividend is Thursday, June 27th. Personal Assets’s dividend payout ratio is currently 12,000.00%.

Insider Buying and Selling

In other news, insider Iain Ferguson acquired 294 shares of the firm’s stock in a transaction that occurred on Thursday, April 18th. The stock was acquired at an average cost of GBX 483 ($6.11) per share, with a total value of £1,420.02 ($1,796.13). 2.87% of the stock is owned by insiders.

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.