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The Bankers Investment Trust (LON:BNKR) Stock Price Crosses Above 50 Day Moving Average - Here's What Happened

The Bankers Investment Trust logo with Financial Services background

The Bankers Investment Trust PLC (LON:BNKR - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 118.30 ($1.59) and traded as high as GBX 124.40 ($1.67). The Bankers Investment Trust shares last traded at GBX 122.60 ($1.65), with a volume of 1,420,422 shares.

The Bankers Investment Trust Price Performance

The company has a debt-to-equity ratio of 8.63, a current ratio of 45.31 and a quick ratio of 8.27. The stock's 50 day simple moving average is GBX 118.30 and its 200-day simple moving average is GBX 116.77. The company has a market capitalization of £1.36 billion, a PE ratio of 6.21 and a beta of 0.60.

The Bankers Investment Trust (LON:BNKR - Get Free Report) last posted its quarterly earnings data on Wednesday, June 25th. The bank reported GBX 1.16 ($0.02) earnings per share for the quarter. The Bankers Investment Trust had a return on equity of 15.93% and a net margin of 94.23%.

About The Bankers Investment Trust

(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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