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

Key Points

• The Bankers Investment Trust crossed above its 50‑day moving average (50‑day MA GBX 132.28), trading as high as GBX 136.40 and last at GBX 136.20 on volume of 10,542,930 shares.
• Valuation and recent results: market capitalization £1.28 billion with a P/E of 6.66 and beta 0.57; last quarter EPS was GBX 2.25, while the company shows a negative net margin (-551.87%) but a positive return on equity (16.08%).
• Insiders bought shares recently: Richard West purchased 514 shares at £132.45 (≈£68,079.30) and Ankush Nandra bought 231 shares at GBX 132 (≈£304.92); insiders own about 0.04% of the stock.

Shares of The Bankers Investment Trust PLC (LON:BNKR - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 132.28 and traded as high as GBX 136.40. The Bankers Investment Trust shares last traded at GBX 136.20, with a volume of 10,542,930 shares trading hands.

The Bankers Investment Trust Stock Performance

The stock has a market capitalization of £1.28 billion, a P/E ratio of 6.66 and a beta of 0.57. The company's 50-day moving average price is GBX 132.28 and its 200 day moving average price is GBX 132.13.

The Bankers Investment Trust (LON:BNKR - Get Free Report) last announced its quarterly earnings data on Thursday, January 15th. The bank reported GBX 2.25 EPS for the quarter. The Bankers Investment Trust had a negative net margin of 551.87% and a positive return on equity of 16.08%.

Insiders Place Their Bets

In related news, insider Richard West purchased 514 shares of The Bankers Investment Trust stock in a transaction on Friday, March 13th. The shares were bought at an average cost of £132.45 per share, for a total transaction of £68,079.30. Also, insider Ankush Nandra purchased 231 shares of The Bankers Investment Trust stock in a transaction on Thursday, March 12th. The stock was bought at an average price of GBX 132 per share, for a total transaction of £304.92. Insiders own 0.04% of the company's stock.

The Bankers Investment Trust Company Profile

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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