Personal Assets Trust (LON:PNL) Shares Cross Above Fifty Day Moving Average of $477.57

Shares of Personal Assets Trust plc (LON:PNL) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 477.57 ($5.90) and traded as high as GBX 484 ($5.98). Personal Assets Trust shares last traded at GBX 482.50 ($5.96), with a volume of 431,760 shares trading hands.

Personal Assets Trust Stock Performance

The company has a market capitalization of £1.68 billion, a PE ratio of 9,700.00 and a beta of 0.19. The stock’s 50 day moving average is GBX 477.74 and its 200 day moving average is GBX 471.41.

Personal Assets Trust Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, April 16th. Shareholders of record on Thursday, March 7th were paid a GBX 1.40 ($0.02) dividend. This represents a yield of 0.3%. The ex-dividend date was Thursday, March 7th. Personal Assets Trust’s dividend payout ratio is presently 12,000.00%.

Insiders Place Their Bets

In related news, insider Iain Ferguson acquired 294 shares of the stock in a transaction dated Thursday, April 18th. The shares were purchased at an average price of GBX 483 ($5.97) per share, for a total transaction of £1,420.02 ($1,753.98). Corporate insiders own 2.87% of the company’s stock.

Personal Assets Trust 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.