The Bankers Investment Trust (LON:BNKR) Stock Passes Above 50-Day Moving Average – Here’s What Happened

The Bankers Investment Trust PLC (LON:BNKRGet Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 120.45 ($1.53) and traded as high as GBX 122.40 ($1.55). The Bankers Investment Trust shares last traded at GBX 122.20 ($1.55), with a volume of 1,680,260 shares.

The Bankers Investment Trust Stock Performance

The stock has a market cap of £1.35 billion, a PE ratio of 6.18 and a beta of 0.60. The company has a fifty day moving average price of GBX 120.45 and a 200 day moving average price of GBX 115.75. The company has a quick ratio of 8.27, a current ratio of 45.31 and a debt-to-equity ratio of 8.63.

The Bankers Investment Trust (LON:BNKRGet Free Report) last released its quarterly earnings data on Thursday, January 16th. The bank reported GBX 2.63 ($0.03) EPS for the quarter. The Bankers Investment Trust had a return on equity of 15.93% and a net margin of 94.23%.

The Bankers Investment Trust Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, February 25th. Investors of record on Thursday, February 13th were paid a GBX 1.50 ($0.02) dividend. The ex-dividend date was Thursday, February 13th. This is a boost from The Bankers Investment Trust’s previous dividend of $0.67. This represents a dividend yield of 1.19%. The Bankers Investment Trust’s dividend payout ratio (DPR) is presently 15.20%.

Insider Buying and Selling

In other The Bankers Investment Trust news, insider Richard West bought 284 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were bought at an average cost of GBX 116 ($1.47) per share, with a total value of £329.44 ($417.81). 3.24% of the stock is owned by insiders.

The Bankers Investment Trust Company Profile

(Get Free Report)

Over the long term, the Company aims to achieve capital growth in excess of the FTSE World Index and dividend growth greater than inflation, as measured by the UK Consumer Price Index (‘CPI’), by investing in companies listed throughout the world.

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