The Bankers Investment Trust (LON:BNKR) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of The Bankers Investment Trust PLC (LON:BNKR) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 132.28 and traded as high as GBX 136.40. The Bankers Investment Trust shares last traded at GBX 136.20, with a volume of 10,542,930 shares trading hands.

The Bankers Investment Trust Stock Performance

The stock has a market capitalization of £1.28 billion, a P/E ratio of 6.66 and a beta of 0.57. The company’s 50-day moving average price is GBX 132.28 and its 200 day moving average price is GBX 132.13.

The Bankers Investment Trust (LON:BNKR) last announced its quarterly earnings data on Thursday, January 15th. The bank reported GBX 2.25 EPS for the quarter. The Bankers Investment Trust had a negative net margin of 551.87% and a positive return on equity of 16.08%.

Insiders Place Their Bets

In related news, insider Richard West purchased 514 shares of The Bankers Investment Trust stock in a transaction on Friday, March 13th. The shares were bought at an average cost of £132.45 per share, for a total transaction of £68,079.30. Also, insider Ankush Nandra purchased 231 shares of The Bankers Investment Trust stock in a transaction on Thursday, March 12th. The stock was bought at an average price of GBX 132 per share, for a total transaction of £304.92. 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.