Personal Assets Trust (LON:PNL) Shares Cross Above Fifty Day Moving Average of $467.35

Personal Assets Trust plc (LON:PNLGet Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 467.35 ($5.97) and traded as high as GBX 469.50 ($6.00). Personal Assets Trust shares last traded at GBX 467 ($5.97), with a volume of 233,188 shares changing hands.

Personal Assets Trust Price Performance

The stock’s 50 day simple moving average is GBX 467.35 and its two-hundred day simple moving average is GBX 474.31. The firm has a market cap of £1.78 billion, a P/E ratio of -11,675.00 and a beta of 0.19.

Personal Assets Trust Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, October 6th. Stockholders of record on Thursday, August 24th will be issued a dividend of GBX 1.40 ($0.02) per share. This represents a dividend yield of 0.3%. The ex-dividend date of this dividend is Thursday, August 24th. Personal Assets Trust’s payout ratio is -15,000.00%.

Insider Activity

In other news, insider Iain Ferguson purchased 1,394 shares of the business’s stock in a transaction dated Tuesday, August 1st. The shares were purchased at an average price of GBX 472 ($6.03) per share, for a total transaction of £6,579.68 ($8,408.54). Corporate insiders own 2.34% of the company’s stock.

About Personal Assets Trust

(Get Free Report)

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.

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