The Bankers Investment Trust (LON:BNKR) Hits New 52-Week Low – Here’s What Happened

The Bankers Investment Trust PLC (LON:BNKR)’s share price reached a new 52-week low on Friday . The stock traded as low as GBX 105.10 ($1.36) and last traded at GBX 105.33 ($1.36), with a volume of 8865667 shares traded. The stock had previously closed at GBX 107.40 ($1.38).

The Bankers Investment Trust Price Performance

The firm has a 50 day moving average of GBX 118.90 and a two-hundred day moving average of GBX 116.26. The company has a current ratio of 45.31, a quick ratio of 8.27 and a debt-to-equity ratio of 8.63. The company has a market cap of £1.15 billion, a PE ratio of 5.25 and a beta of 0.60.

The Bankers Investment Trust (LON:BNKR) last issued its quarterly earnings results on Thursday, January 16th. The bank reported GBX 2.63 ($0.03) earnings per share (EPS) 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 firm also recently announced a dividend, which was paid on Tuesday, March 25th. Investors of record on Thursday, March 20th were given a dividend of GBX 1 ($0.01) per share. This is a positive change from The Bankers Investment Trust’s previous dividend of $0.69. This represents a yield of 1.31%. The ex-dividend date of this dividend was Thursday, March 20th. The Bankers Investment Trust’s dividend payout ratio is currently 15.20%.

Insiders Place Their Bets

In related news, insider Ankush Nandra purchased 10,000 shares of the business’s stock in a transaction on Monday, March 10th. The shares were acquired at an average price of GBX 116 ($1.50) per share, for a total transaction of £11,600 ($14,958.09). Corporate insiders own 3.24% 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.