The Bankers Investment Trust (LON:BNKR) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

The Bankers Investment Trust PLC (LON:BNKRGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 116.31 ($1.50) and traded as low as GBX 107 ($1.38). The Bankers Investment Trust shares last traded at GBX 107.40 ($1.39), with a volume of 3,726,579 shares.

The Bankers Investment Trust Stock Performance

The stock’s fifty day simple moving average is GBX 118.90 and its 200-day simple moving average is GBX 116.22. The company has a quick ratio of 8.27, a current ratio of 45.31 and a debt-to-equity ratio of 8.63. The company has a market capitalization of £1.15 billion, a PE ratio of 5.25 and a beta of 0.60.

The Bankers Investment Trust (LON:BNKRGet Free Report) last released its quarterly earnings data on Thursday, January 16th. The bank reported GBX 2.63 ($0.03) earnings per share for the quarter. The Bankers Investment Trust had a return on equity of 15.93% and a net margin of 94.23%.

The Bankers Investment Trust Increases Dividend

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

Insider Activity at The Bankers Investment Trust

In related news, insider Ankush Nandra acquired 10,000 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average cost of GBX 116 ($1.50) per share, for a total transaction of £11,600 ($14,963.88). 3.24% of the stock is owned by corporate insiders.

About The Bankers Investment Trust

(Get Free Report)

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.

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