The Bankers Investment Trust (LON:BNKR) Sets New 1-Year High - Still a Buy?

The Bankers Investment Trust PLC (LON:BNKR - Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as GBX 132.20 ($1.78) and last traded at GBX 132.09 ($1.77), with a volume of 279908 shares. The stock had previously closed at GBX 131.40 ($1.76).

The Bankers Investment Trust Stock Performance

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 capitalization of £1.33 billion, a price-to-earnings ratio of -6,734.59 and a beta of 0.60. The stock's fifty day simple moving average is GBX 125.10 and its 200-day simple moving average is GBX 118.47.

Insiders Place Their Bets

In related news, insider Richard West bought 538 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was purchased at an average cost of GBX 126 per share, with a total value of £677.88. Also, insider Ankush Nandra purchased 333 shares of The Bankers Investment Trust stock in a transaction on Friday, September 12th. The stock was bought at an average cost of GBX 126 per share, for a total transaction of £419.58. Company insiders own 0.04% of the company's stock.

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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