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

The Bankers Investment Trust PLC (LON:BNKR)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 126.76 ($1.69) and traded as high as GBX 130 ($1.74). The Bankers Investment Trust shares last traded at GBX 129.60 ($1.73), with a volume of 2,530,198 shares traded.

The Bankers Investment Trust Trading Up 0.5%

The stock has a 50-day simple moving average of GBX 126.76 and a two-hundred day simple moving average of GBX 119.91. The company has a debt-to-equity ratio of 8.63, a quick ratio of 8.27 and a current ratio of 45.31. The firm has a market cap of £1.31 billion, a PE ratio of -66.44 and a beta of 0.60.

Insider Activity

In other The Bankers Investment Trust news, insider Richard West purchased 538 shares of The Bankers Investment Trust stock in a transaction dated Friday, September 12th. The stock was 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 Bankers Investment Trust stock in a transaction dated 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 owned by corporate insiders.

The Bankers Investment Trust Company Profile

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.