The Bankers Investment Trust (LON:BNKR) Share Price Passes Above Fifty Day Moving Average – Here’s Why

The Bankers Investment Trust PLC (LON:BNKR) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 130.24 and traded as high as GBX 131.20. The Bankers Investment Trust shares last traded at GBX 130.40, with a volume of 14,292,709 shares trading hands.

The Bankers Investment Trust Stock Up 1.5%

The firm’s fifty day moving average price is GBX 130.24 and its 200-day moving average price is GBX 123.61. The firm has a market capitalization of £1.31 billion, a P/E ratio of -67.55 and a beta of 0.60. The company has a debt-to-equity ratio of 8.63, a current ratio of 45.31 and a quick ratio of 8.27.

Insiders Place Their Bets

In other The Bankers Investment Trust news, insider Ankush Nandra acquired 333 shares of The Bankers Investment Trust stock in a transaction on Friday, September 12th. The shares were purchased at an average cost of GBX 126 per share, with a total value of £419.58. Also, insider Richard West acquired 538 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was purchased at an average price of GBX 126 per share, with a total value of £677.88. Insiders own 0.06% of the company’s stock.

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.