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

The Bankers Investment Trust PLC (LON:BNKR)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 114.59 ($1.42) and traded as high as GBX 115.40 ($1.43). The Bankers Investment Trust shares last traded at GBX 115 ($1.42), with a volume of 859,163 shares traded.

The Bankers Investment Trust Stock Performance

The company has a quick ratio of 8.27, a current ratio of 5.41 and a debt-to-equity ratio of 8.54. The firm has a market capitalization of £1.34 billion, a PE ratio of 2,327.82 and a beta of 0.60. The firm has a 50-day moving average price of GBX 114.64 and a 200 day moving average price of GBX 113.55.

Insider Buying and Selling at The Bankers Investment Trust

In related news, insider Richard West acquired 284 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were acquired at an average price of GBX 116 ($1.44) per share, with a total value of £329.44 ($407.77). 3.24% of the stock is currently owned by corporate insiders.

The Bankers Investment Trust Company Profile

The Bankers Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.