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The Bankers Investment Trust (LON:BNKR) Hits New 1-Year High - Here's Why

The Bankers Investment Trust logo with Financial Services background

Key Points

  • The Bankers Investment Trust PLC's shares reached a new **52-week high** of GBX 128.40 ($1.73) during trading, indicating strong market performance.
  • The company reported a **net margin of 94.23%** and a return on equity of 15.93% in its last earnings, showcasing impressive profitability.
  • Insider buying activity was noted, with two insiders purchasing shares at **GBX 126** each, reflecting confidence in the company's prospects.
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Shares of The Bankers Investment Trust PLC (LON:BNKR - Get Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 128.40 ($1.74) and last traded at GBX 128.03 ($1.73), with a volume of 50354438 shares. The stock had previously closed at GBX 127.90 ($1.73).

The Bankers Investment Trust Stock Performance

The company has a 50-day moving average price of GBX 123.86 and a 200-day moving average price of GBX 117.50. 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 firm has a market capitalization of £1.33 billion, a price-to-earnings ratio of -6,602.04 and a beta of 0.60.

The Bankers Investment Trust (LON:BNKR - Get Free Report) last issued its quarterly earnings results on Wednesday, June 25th. The bank reported GBX 1.16 earnings per share for the quarter. The Bankers Investment Trust had a net margin of 94.23% and a return on equity of 15.93%.

Insider Transactions at The Bankers Investment Trust

In other news, insider Ankush Nandra purchased 333 shares of the business's stock in a transaction dated Friday, September 12th. The stock was bought at an average cost of GBX 126 per share, with a total value of £419.58. Also, insider Richard West acquired 538 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was purchased at an average price of GBX 126 per share, for a total transaction of £677.88. Insiders own 0.06% of the company's stock.

The Bankers Investment Trust Company Profile

(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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