The Bankers Investment Trust (LON:BNKR) Shares Cross Below 200 Day Moving Average - Time to Sell?

The Bankers Investment Trust PLC (LON:BNKR - Get Free Report)'s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 115.76 ($1.56) and traded as low as GBX 111.60 ($1.50). The Bankers Investment Trust shares last traded at GBX 113.40 ($1.53), with a volume of 1,760,171 shares trading hands.

The Bankers Investment Trust Trading Up 0.2%

The business's 50-day moving average price is GBX 110.93 and its 200 day moving average price is GBX 115.80. The company has a market cap of £1.27 billion, a P/E ratio of 5.82 and a beta of 0.60. 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 Bankers Investment Trust Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Thursday, March 20th were issued a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a yield of 1.31%. This is an increase from The Bankers Investment Trust's previous dividend of $0.69. The Bankers Investment Trust's payout ratio is currently 15.20%.

Insider Transactions at The Bankers Investment Trust

In other news, insider Ankush Nandra acquired 10,000 shares of The Bankers Investment Trust stock in a transaction dated Monday, March 10th. The shares were bought at an average cost of GBX 116 ($1.56) per share, with a total value of £11,600 ($15,627.10). 3.24% of the stock is currently owned by 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.