The Bankers Investment Trust (LON:BNKR) Shares Cross Above 50-Day Moving Average – Time to Sell?

Posted by Cindy Kellogue on Jan 29th, 2025

The Bankers Investment Trust PLC (LON:BNKR – Get Free Report)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 116.83 ($1.45) and traded as high as GBX 121.80 ($1.52). The Bankers Investment Trust shares last traded at GBX 121.60 ($1.51), with a volume of 2,567,312 shares.

The Bankers Investment Trust Price Performance

The business has a 50 day simple moving average of GBX 116.83 and a two-hundred day simple moving average of GBX 114.22. The firm has a market capitalization of £1.40 billion, a P/E ratio of 2,439.00 and a beta of 0.60. The company has a debt-to-equity ratio of 8.54, a quick ratio of 8.27 and a current ratio of 5.41.

The Bankers Investment Trust (LON:BNKR – Get Free Report) last issued its quarterly earnings data on Thursday, January 16th. The bank reported GBX 2.63 ($0.03) EPS for the quarter. The Bankers Investment Trust had a return on equity of 10.27% and a net margin of 91.13%.

The Bankers Investment Trust Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, February 12th. Stockholders of record on Thursday, January 23rd will be given a dividend of GBX 0.67 ($0.01) per share. This represents a dividend yield of 0.55%. The ex-dividend date of this dividend is Thursday, January 23rd. The Bankers Investment Trust’s dividend payout ratio (DPR) is currently 6,000.00%.

Insider Transactions at The Bankers Investment Trust

In other news, insider Richard West bought 284 shares of the business’s stock in a transaction on Thursday, December 12th. The stock was acquired at an average price of GBX 116 ($1.44) per share, with a total value of £329.44 ($409.90). 3.24% of the stock is currently owned by insiders.

The Bankers Investment Trust Company Profile

(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.