The Bankers Investment Trust (LON:BNKR) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Shares of The Bankers Investment Trust PLC (LON:BNKR) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 116.29 ($1.50) and traded as low as GBX 113.60 ($1.46). The Bankers Investment Trust shares last traded at GBX 114.47 ($1.47), with a volume of 15,413,216 shares.

The Bankers Investment Trust Trading Up 0.1 %

The stock has a market capitalization of £1.27 billion, a price-to-earnings ratio of 5.80 and a beta of 0.60. 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 firm has a 50-day moving average of GBX 120.61 and a 200 day moving average of GBX 116.29.

The Bankers Investment Trust (LON:BNKR) last posted its quarterly earnings data 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 net margin of 94.23% and a return on equity of 15.93%.

The Bankers Investment Trust Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Thursday, March 20th were paid a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a dividend yield of 1.31%. This is a boost from The Bankers Investment Trust’s previous dividend of $0.69. The Bankers Investment Trust’s payout ratio is currently 15.20%.

Insider Buying and Selling

In related news, insider Ankush Nandra bought 10,000 shares of The Bankers Investment Trust stock in a transaction dated Monday, March 10th. The stock was acquired at an average cost of GBX 116 ($1.49) per share, with a total value of £11,600 ($14,934.98). 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.