The Bankers Investment Trust PLC (LON:BNKR - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 115.49 ($1.53) and traded as low as GBX 111.20 ($1.48). The Bankers Investment Trust shares last traded at GBX 112.20 ($1.49), with a volume of 1,666,278 shares.
The Bankers Investment Trust Price Performance
The stock has a 50 day moving average price of GBX 110.79 and a two-hundred day moving average price of GBX 115.49. The firm has a market cap of £1.26 billion, a PE ratio of 5.74 and a beta of 0.60. 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 Bankers Investment Trust Increases Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Thursday, March 20th were issued a dividend of GBX 1 ($0.01) per share. The ex-dividend date was Thursday, March 20th. This is a positive change from The Bankers Investment Trust's previous dividend of $0.69. This represents a dividend yield of 1.31%. The Bankers Investment Trust's payout ratio is 15.20%.
Insiders Place Their Bets
In related news, insider Ankush Nandra bought 10,000 shares of the stock in a transaction dated Monday, March 10th. The shares were purchased at an average price of GBX 116 ($1.54) per share, for a total transaction of £11,600 ($15,413.23). 3.24% of the stock is currently owned by insiders.
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.
Featured Articles
Before you consider The Bankers Investment Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Bankers Investment Trust wasn't on the list.
While The Bankers Investment Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
