The Bankers Investment Trust (LON:BNKR) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

The Bankers Investment Trust PLC (LON:BNKR) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 112.85 ($1.47) and traded as low as GBX 111.80 ($1.45). The Bankers Investment Trust shares last traded at GBX 112.80 ($1.46), with a volume of 3,700,381 shares changing hands.

The Bankers Investment Trust Stock Performance

The company’s fifty day simple moving average is GBX 112.02 and its two-hundred day simple moving average is GBX 112.86. The company has a debt-to-equity ratio of 8.54, a quick ratio of 8.27 and a current ratio of 5.41. The stock has a market capitalization of £1.30 billion, a P/E ratio of 2,256.00 and a beta of 0.60.

The Bankers Investment Trust Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 24th will be paid a dividend of GBX 0.67 ($0.01) per share. The ex-dividend date of this dividend is Thursday, October 24th. This represents a dividend yield of 0.61%. The Bankers Investment Trust’s dividend payout ratio (DPR) is currently 6,000.00%.

Insider Activity at The Bankers Investment Trust

In other news, insider Richard West acquired 50,000 shares of the stock in a transaction on Wednesday, September 4th. The shares were purchased at an average price of GBX 110 ($1.43) per share, for a total transaction of £55,000 ($71,410.02). In other The Bankers Investment Trust news, insider Richard West bought 50,000 shares of the firm’s stock in a transaction on Wednesday, September 4th. The shares were purchased at an average price of GBX 110 ($1.43) per share, for a total transaction of £55,000 ($71,410.02). Also, insider Hannah Philp purchased 10,000 shares of the company’s stock in a transaction dated Wednesday, August 28th. The stock was acquired at an average price of GBX 112 ($1.45) per share, with a total value of £11,200 ($14,541.68). 3.24% of the stock is currently owned by corporate 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.