The Bankers Investment Trust (LON:BNKR) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of The Bankers Investment Trust PLC (LON:BNKRGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 116.31 ($1.50) and traded as low as GBX 107 ($1.38). The Bankers Investment Trust shares last traded at GBX 107.40 ($1.39), with a volume of 3,726,579 shares changing hands.

The Bankers Investment Trust Stock Performance

The company has a current ratio of 45.31, a quick ratio of 8.27 and a debt-to-equity ratio of 8.63. The stock has a market cap of £1.15 billion, a price-to-earnings ratio of 5.25 and a beta of 0.60. The stock’s 50 day moving average is GBX 118.90 and its two-hundred day moving average is GBX 116.22.

The Bankers Investment Trust (LON:BNKRGet Free Report) last announced its earnings results on Thursday, January 16th. The bank reported GBX 2.63 ($0.03) earnings per share for the quarter. The Bankers Investment Trust had a net margin of 94.23% and a return on equity of 15.93%.

The Bankers Investment Trust Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Thursday, March 20th were paid a GBX 1 ($0.01) dividend. This is an increase from The Bankers Investment Trust’s previous dividend of $0.69. This represents a dividend yield of 1.31%. The ex-dividend date of this dividend was Thursday, March 20th. The Bankers Investment Trust’s dividend payout ratio (DPR) is 15.20%.

Insider Transactions at The Bankers Investment Trust

In other news, insider Ankush Nandra bought 10,000 shares of the stock in a transaction dated Monday, March 10th. The shares were acquired at an average price of GBX 116 ($1.50) per share, with a total value of £11,600 ($14,963.88). 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.

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