The Bankers Investment Trust (LON:BNKR) Reaches New 52-Week High – Here’s Why

Shares of The Bankers Investment Trust PLC (LON:BNKR) reached a new 52-week high on Thursday . The company traded as high as GBX 125.80 ($1.57) and last traded at GBX 125.60 ($1.57), with a volume of 237406 shares trading hands. The stock had previously closed at GBX 124.20 ($1.55).

The Bankers Investment Trust Stock Up 1.4 %

The firm has a 50 day simple moving average of GBX 117.92 and a two-hundred day simple moving average of GBX 114.52. The company has a debt-to-equity ratio of 8.54, a current ratio of 5.41 and a quick ratio of 8.27. The stock has a market cap of £1.45 billion, a price-to-earnings ratio of 2,520.00 and a beta of 0.60.

The Bankers Investment Trust (LON:BNKR) last issued its quarterly earnings data on Thursday, January 16th. The bank reported GBX 2.63 ($0.03) EPS for the quarter. The Bankers Investment Trust had a return on equity of 10.27% and a net margin of 91.13%.

The Bankers Investment Trust Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, February 12th. Investors of record on Thursday, January 23rd will be issued a dividend of GBX 0.67 ($0.01) per share. The ex-dividend date is Thursday, January 23rd. This represents a dividend yield of 0.55%. The Bankers Investment Trust’s payout ratio is presently 6,000.00%.

Insider Transactions at The Bankers Investment Trust

In related news, insider Richard West acquired 284 shares of The Bankers Investment Trust stock in a transaction on Thursday, December 12th. The stock was purchased at an average cost of GBX 116 ($1.45) per share, with a total value of £329.44 ($411.85). Company 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.