The Bankers Investment Trust (LON:BNKR) Shares Pass Above 50 Day Moving Average – What’s Next?

The Bankers Investment Trust PLC (LON:BNKRGet Free Report)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 131.90 and traded as high as GBX 132.60. The Bankers Investment Trust shares last traded at GBX 132.20, with a volume of 636,072 shares.

The Bankers Investment Trust Price Performance

The firm has a market cap of £1.30 billion, a PE ratio of -67.55 and a beta of 0.60. The firm’s fifty day simple moving average is GBX 131.90 and its two-hundred day simple moving average is GBX 126.57. The company has a quick ratio of 8.27, a current ratio of 45.31 and a debt-to-equity ratio of 8.63.

Insiders Place Their Bets

In other The Bankers Investment Trust news, insider Richard West purchased 262 shares of the business’s stock in a transaction on Monday, December 15th. The stock was acquired at an average price of GBX 133 per share, for a total transaction of £348.46. Also, insider Ankush Nandra purchased 315 shares of the firm’s stock in a transaction on Monday, December 15th. The shares were acquired at an average cost of GBX 133 per share, for a total transaction of £418.95. 0.04% of the stock is currently owned by insiders.

About The Bankers Investment Trust

(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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