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

Posted by John Adams on Jan 29th, 2025

Shares of The Bankers Investment Trust PLC (LON:BNKR – Get Free Report) 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 company has a current ratio of 5.41, a quick ratio of 8.27 and a debt-to-equity ratio of 8.54. The business’s fifty day moving average is GBX 116.83 and its 200 day moving average is GBX 114.22. The company has a market cap of £1.40 billion, a P/E ratio of 2,439.00 and a beta of 0.60.

The Bankers Investment Trust (LON:BNKR – Get Free Report) last released its earnings results on Thursday, January 16th. The bank reported GBX 2.63 ($0.03) earnings per share (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 Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 12th. Shareholders of record on Thursday, January 23rd will be issued a dividend of GBX 0.67 ($0.01) per share. This represents a 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 presently 6,000.00%.

Insiders Place Their Bets

In related news, insider Richard West bought 284 shares of the company’s stock in a transaction on Thursday, December 12th. The shares were purchased at an average price of GBX 116 ($1.44) per share, for a total transaction of £329.44 ($409.90). Company insiders own 3.24% of the company’s stock.

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.