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

The Bankers Investment Trust PLC (LON:BNKR) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 126.01 ($1.68) and traded as high as GBX 129.80 ($1.73). The Bankers Investment Trust shares last traded at GBX 128.61 ($1.72), with a volume of 2,082,301 shares changing hands.

The Bankers Investment Trust Stock Down 0.6%

The company’s fifty day moving average price is GBX 126.01 and its 200-day moving average price is GBX 119.16. The stock has a market cap of £1.29 billion, a P/E ratio of -6,524.29 and a beta of 0.60. The company has a debt-to-equity ratio of 8.63, a quick ratio of 8.27 and a current ratio of 45.31.

Insider Activity

In other The Bankers Investment Trust news, insider Richard West bought 538 shares of the business’s stock in a transaction dated Friday, September 12th. The shares were purchased at an average price of GBX 126 per share, with a total value of £677.88. Also, insider Ankush Nandra purchased 333 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were acquired at an average cost of GBX 126 per share, with a total value of £419.58. 0.04% of the stock is currently owned by company insiders.

About The Bankers Investment Trust

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.