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

Shares of The Bankers Investment Trust PLC (LON:BNKR) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 114.59 ($1.43) and traded as high as GBX 115.40 ($1.44). The Bankers Investment Trust shares last traded at GBX 115 ($1.44), with a volume of 859,163 shares trading hands.

The Bankers Investment Trust Stock Performance

The company has a quick ratio of 8.27, a current ratio of 5.41 and a debt-to-equity ratio of 8.54. The stock has a market capitalization of £1.32 billion, a price-to-earnings ratio of 2,300.00 and a beta of 0.60. The stock’s 50-day simple moving average is GBX 114.59 and its 200 day simple moving average is GBX 113.52.

Insider Transactions at The Bankers Investment Trust

In other The Bankers Investment Trust news, insider Richard West purchased 284 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was acquired at an average cost of GBX 116 ($1.45) per share, with a total value of £329.44 ($412.26). 3.24% of the stock is owned by company insiders.

About The Bankers Investment Trust

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.