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The Bankers Investment Trust (LON:BNKR) Stock Crosses Below Two Hundred Day Moving Average - What's Next?

The Bankers Investment Trust logo with Financial Services background

The Bankers Investment Trust PLC (LON:BNKR - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 112.85 ($1.47) and traded as low as GBX 111.80 ($1.45). The Bankers Investment Trust shares last traded at GBX 112.80 ($1.46), with a volume of 3,700,381 shares.

The Bankers Investment Trust Stock Performance

The stock's 50-day moving average is GBX 112.02 and its 200-day moving average is GBX 112.86. 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 stock has a market cap of £1.30 billion, a price-to-earnings ratio of 2,256.00 and a beta of 0.60.

The Bankers Investment Trust Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 24th will be paid a GBX 0.67 ($0.01) dividend. This represents a dividend yield of 0.61%. The ex-dividend date is Thursday, October 24th. The Bankers Investment Trust's dividend payout ratio is presently 6,000.00%.

Insider Activity at The Bankers Investment Trust

In related news, insider Hannah Philp acquired 10,000 shares of the business's stock in a transaction on Wednesday, August 28th. The shares were bought at an average cost of GBX 112 ($1.45) per share, with a total value of £11,200 ($14,541.68). In other news, insider Hannah Philp bought 10,000 shares of The Bankers Investment Trust stock in a transaction dated Wednesday, August 28th. The shares were acquired at an average cost of GBX 112 ($1.45) per share, with a total value of £11,200 ($14,541.68). Also, insider Richard West purchased 50,000 shares of the stock in a transaction that occurred on Wednesday, September 4th. The shares were purchased at an average cost of GBX 110 ($1.43) per share, with a total value of £55,000 ($71,410.02). Company insiders own 3.24% of the company's stock.

About The Bankers Investment Trust

(Get Free Report)

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.

Further Reading

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