Shares of The Bankers Investment Trust PLC (LON:BNKR - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 119.41 ($1.51) and traded as high as GBX 125 ($1.58). The Bankers Investment Trust shares last traded at GBX 124.40 ($1.57), with a volume of 1,463,872 shares changing hands.
The Bankers Investment Trust Stock Performance
The business has a fifty day simple moving average of GBX 120.08 and a two-hundred day simple moving average of GBX 115.42. The company has a quick ratio of 8.27, a current ratio of 45.31 and a debt-to-equity ratio of 8.63. The company has a market cap of £1.38 billion, a P/E ratio of 6.31 and a beta of 0.60.
The Bankers Investment Trust (LON:BNKR - Get Free Report) last posted 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 return on equity of 15.93% and a net margin of 94.23%.
The Bankers Investment Trust Increases Dividend
The business also recently declared a dividend, which will be paid on Tuesday, February 25th. Shareholders of record on Thursday, February 13th will be given a GBX 1.50 ($0.02) dividend. This is a boost from The Bankers Investment Trust's previous dividend of $0.67. The ex-dividend date of this dividend is Thursday, February 13th. This represents a yield of 1.19%. The Bankers Investment Trust's dividend payout ratio is presently 15.20%.
Insiders Place Their Bets
In related news, insider Richard West purchased 284 shares of The Bankers Investment Trust stock in a transaction on Thursday, December 12th. The stock was acquired at an average price of GBX 116 ($1.47) per share, for a total transaction of £329.44 ($416.22). Company insiders own 3.24% of the company's stock.
About The Bankers Investment Trust
(
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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.
Further Reading
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