The Bankers Investment Trust (LON:BNKR) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Shares of The Bankers Investment Trust PLC (LON:BNKR) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 133.22 and traded as high as GBX 133.60. The Bankers Investment Trust shares last traded at GBX 133.60, with a volume of 3,550,229 shares.

The Bankers Investment Trust Stock Performance

The firm has a market capitalization of £1.30 billion, a price-to-earnings ratio of -68.21 and a beta of 0.60. The company has a current ratio of 45.31, a quick ratio of 8.27 and a debt-to-equity ratio of 8.63. The stock’s 50-day moving average is GBX 133.22 and its 200-day moving average is GBX 129.38.

The Bankers Investment Trust (LON:BNKR) last posted its earnings results on Thursday, January 15th. The bank reported GBX 2.25 earnings per share for the quarter. The Bankers Investment Trust had a net margin of 94.23% and a return on equity of 15.93%.

Insiders Place Their Bets

In other news, insider Ankush Nandra purchased 315 shares of The Bankers Investment Trust stock in a transaction dated Monday, December 15th. The shares were bought at an average cost of GBX 133 per share, for a total transaction of £418.95. Also, insider Richard West bought 262 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were acquired at an average price of GBX 133 per share, for a total transaction of £348.46. 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.