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

The Bankers Investment Trust PLC (LON:BNKR)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 116.14 ($1.51) and traded as low as GBX 113.87 ($1.48). The Bankers Investment Trust shares last traded at GBX 114 ($1.48), with a volume of 12,549,920 shares trading hands.

The Bankers Investment Trust Price Performance

The company has a debt-to-equity ratio of 8.63, a quick ratio of 8.27 and a current ratio of 45.31. The firm has a market cap of £1.27 billion, a price-to-earnings ratio of 5.82 and a beta of 0.60. The stock’s 50 day simple moving average is GBX 120.85 and its 200-day simple moving average is GBX 116.15.

The Bankers Investment Trust (LON:BNKR) last issued its quarterly earnings results 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 declared a dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Thursday, March 20th will be issued a GBX 1 ($0.01) dividend. This represents a yield of 1.31%. This is a positive change from The Bankers Investment Trust’s previous dividend of $0.69. The ex-dividend date of this dividend is Thursday, March 20th. The Bankers Investment Trust’s dividend payout ratio is presently 15.20%.

Insider Buying and Selling at The Bankers Investment Trust

In related news, insider Ankush Nandra acquired 10,000 shares of the stock in a transaction on Monday, March 10th. The shares were acquired at an average price of GBX 116 ($1.50) per share, for a total transaction of £11,600 ($15,041.49). Company 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.