The Bankers Investment Trust (LON:BNKR) Hits New 12-Month High - What's Next?

Key Points

• The Bankers Investment Trust PLC (LON:BNKR) reached a new 12-month high at GBX 130 ($1.74) during trading on Monday, with significant trading volume of 361,029 shares.
• The company's debt-to-equity ratio stands at 8.63, and it has a market capitalization of £1.33 billion, while its PE ratio is noted to be negative at -6,632.65.
• Recently, insiders Ankush Nandra and Richard West purchased shares at an average price of GBX 126, indicating potential confidence in the company's future performance.

Shares of The Bankers Investment Trust PLC (LON:BNKR - ) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 130 ($1.74) and last traded at GBX 129.92 ($1.74), with a volume of 361029 shares. The stock had previously closed at GBX 129.40 ($1.73).

The Bankers Investment Trust Trading Up 0.5%

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 company has a market cap of £1.33 billion, a PE ratio of -6,632.65 and a beta of 0.60. The business's 50-day simple moving average is GBX 124.36 and its 200-day simple moving average is GBX 117.92.

Insider Buying and Selling

In related news, insider Ankush Nandra bought 333 shares of the business's stock in a transaction on Friday, September 12th. The stock was bought at an average price of GBX 126 per share, for a total transaction of £419.58. Also, insider Richard West bought 538 shares of the business's stock in a transaction on Friday, September 12th. The stock was bought at an average price of GBX 126 per share, with a total value of £677.88. 0.06% of the stock is owned by corporate insiders.

About The Bankers Investment Trust

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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