The Bankers Investment Trust (LON:BNKR) Reaches New 1-Year High – Still a Buy?

The Bankers Investment Trust PLC (LON:BNKR)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 132.40 ($1.76) and last traded at GBX 132.13 ($1.76), with a volume of 1193918 shares trading hands. The stock had previously closed at GBX 131.40 ($1.75).

The Bankers Investment Trust Stock Performance

The stock’s 50 day moving average price is GBX 127.16 and its 200 day moving average price is GBX 120.58. The company has a debt-to-equity ratio of 8.63, a quick ratio of 8.27 and a current ratio of 45.31. The company has a market capitalization of £1.33 billion, a P/E ratio of -67.41 and a beta of 0.60.

Insiders Place Their Bets

In related news, insider Ankush Nandra bought 333 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The shares were bought at an average price of GBX 126 per share, for a total transaction of £419.58. Also, insider Richard West bought 538 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The shares were bought at an average price of GBX 126 per share, for a total transaction of £677.88. Corporate insiders own 0.04% of the company’s stock.

The Bankers Investment Trust Company Profile

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.