The Bankers Investment Trust (LON:BNKR) Stock Price Crosses Above 50 Day Moving Average of $112.89

The Bankers Investment Trust PLC (LON:BNKR) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 112.89 ($1.43) and traded as high as GBX 114 ($1.45). The Bankers Investment Trust shares last traded at GBX 113 ($1.43), with a volume of 1,332,829 shares.

The Bankers Investment Trust Stock Performance

The business has a fifty day simple moving average of GBX 112.89 and a 200-day simple moving average of GBX 108.48. The company has a quick ratio of 8.27, a current ratio of 2.74 and a debt-to-equity ratio of 9.37. The firm has a market cap of £1.35 billion, a P/E ratio of 2,260.00 and a beta of 0.62.

The Bankers Investment Trust Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, July 25th will be issued a dividend of GBX 0.67 ($0.01) per share. The ex-dividend date is Thursday, July 25th. This represents a dividend yield of 0.59%. The Bankers Investment Trust’s payout ratio is presently 6,000.00%.

Insider Activity

In related news, insider Ankush Nandra purchased 10,000 shares of The Bankers Investment Trust stock in a transaction dated Wednesday, April 3rd. The stock was purchased at an average cost of GBX 111 ($1.41) per share, for a total transaction of £11,100 ($14,080.93). Corporate insiders own 0.84% of the company’s stock.

About The Bankers Investment Trust

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.