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

The Bankers Investment Trust PLC (LON:BNKR)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 114.59 ($1.42) and traded as high as GBX 115.40 ($1.43). The Bankers Investment Trust shares last traded at GBX 115 ($1.42), with a volume of 859,163 shares traded.

The Bankers Investment Trust Trading Up 1.2 %

The stock has a market cap of £1.34 billion, a price-to-earnings ratio of 2,327.82 and a beta of 0.60. The business’s 50 day moving average is GBX 114.64 and its 200 day moving average is GBX 113.55. The company has a debt-to-equity ratio of 8.54, a current ratio of 5.41 and a quick ratio of 8.27.

Insider Transactions at The Bankers Investment Trust

In other The Bankers Investment Trust news, insider Richard West bought 284 shares of the stock in a transaction dated Thursday, December 12th. The shares were acquired at an average cost of GBX 116 ($1.44) per share, for a total transaction of £329.44 ($407.77). Insiders own 3.24% of the company’s stock.

The Bankers Investment Trust Company Profile

The Bankers Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.