The Bankers Investment Trust (LON:BNKR) Hits New 52-Week High on Insider Buying Activity

Key Points

• Shares of The Bankers Investment Trust PLC reached a new 52-week high, trading at GBX 127 ($1.72) during Monday's session, with a trading volume of 589,556 shares.
• The company reported a net margin of 94.23% and earnings per share (EPS) of GBX 1.16 for the last quarter, highlighting strong profitability.
• With a market capitalization of £1.29 billion and a long-term goal of achieving capital growth exceeding the FTSE World Index, the firm focuses on global investments.

The Bankers Investment Trust PLC (LON:BNKR - Get Free Report)'s share price reached a new 52-week high during trading on Monday following insider buying activity. The company traded as high as GBX 127 ($1.72) and last traded at GBX 125.60 ($1.70), with a volume of 589556 shares trading hands. The stock had previously closed at GBX 126.40 ($1.71).

Specifically, insider Ankush Nandra acquired 333 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 £419.58. Also, insider Richard West bought 538 shares of the stock in a transaction on Friday, September 12th. The shares were acquired at an average cost of GBX 126 per share, with a total value of £677.88.

The Bankers Investment Trust Stock Down 0.2%

The business's fifty day simple moving average is GBX 123.62 and its 200 day simple moving average is GBX 117.36. 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 stock has a market cap of £1.31 billion, a price-to-earnings ratio of -6,530.26 and a beta of 0.60.

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

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.