The Bankers Investment Trust PLC (LON:BNKR - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 112.57 ($1.42) and traded as high as GBX 114.40 ($1.45). The Bankers Investment Trust shares last traded at GBX 113.80 ($1.44), with a volume of 1,573,190 shares changing hands.
The Bankers Investment Trust Price Performance
The firm has a market cap of £1.31 billion, a price-to-earnings ratio of 2,273.00 and a beta of 0.60. The business's 50-day simple moving average is GBX 112.67 and its two-hundred day simple moving average is GBX 113.10. 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 Bankers Investment Trust Announces Dividend
The firm also recently declared a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 24th will be issued a dividend of GBX 0.67 ($0.01) per share. This represents a dividend yield of 0.61%. The ex-dividend date of this dividend is Thursday, October 24th. The Bankers Investment Trust's payout ratio is 6,000.00%.
Insiders Place Their Bets
In other news, insider Richard West bought 50,000 shares of the business's stock in a transaction that occurred on Wednesday, September 4th. The shares were bought at an average cost of GBX 110 ($1.39) per share, for a total transaction of £55,000 ($69,593.83). Also, insider Hannah Philp purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, August 28th. The stock was bought at an average cost of GBX 112 ($1.42) per share, with a total value of £11,200 ($14,171.83). Company insiders own 3.24% of the company's stock.
The Bankers Investment Trust Company Profile
(
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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.
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