The Bankers Investment Trust (LON:BNKR) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

The Bankers Investment Trust PLC (LON:BNKR – Get Free Report) crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 151.83 and traded as high as GBX 156. The Bankers Investment Trust shares last traded at GBX 155.20, with a volume of 1,398,661 shares trading hands.

The Bankers Investment Trust Price Performance

The stock has a market capitalization of £1.41 billion, a PE ratio of 5.15 and a beta of 0.61. The company has a debt-to-equity ratio of 8.98, a current ratio of 1.44 and a quick ratio of 8.27. The firm’s 50 day simple moving average is GBX 151.83 and its 200 day simple moving average is GBX 146.72.

Insider Buying and Selling

In other The Bankers Investment Trust news, insider Simon Edward Callum Miller purchased 10,000 shares of the stock in a transaction on Monday, September 28th. The stock was acquired at an average cost of GBX 153 per share, with a total value of £15,300. 0.04% of the stock is currently owned by insiders.

About The Bankers Investment Trust

(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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