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

The Bankers Investment Trust PLC (LON:BNKR)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 118.20 ($1.51) and last traded at GBX 118.20 ($1.51), with a volume of 1287175 shares changing hands. The stock had previously closed at GBX 117.60 ($1.50).

The Bankers Investment Trust Price Performance

The stock has a market capitalization of £1.34 billion, a P/E ratio of 2,344.00 and a beta of 0.60. 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 business’s 50 day moving average price is GBX 113.69 and its 200 day moving average price is GBX 113.16.

The Bankers Investment Trust Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, October 24th were given a GBX 0.67 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, October 24th. This represents a dividend yield of 0.61%. The Bankers Investment Trust’s payout ratio is 6,000.00%.

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.