The Bankers Investment Trust (LON:BNKR) Shares Pass Above 50 Day Moving Average - What's Next?

The Bankers Investment Trust PLC (LON:BNKR - Get Free Report)'s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 117.11 ($1.58) and traded as high as GBX 123 ($1.66). The Bankers Investment Trust shares last traded at GBX 122.60 ($1.65), with a volume of 1,763,070 shares trading hands.

The Bankers Investment Trust Price 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 firm has a market cap of £1.36 billion, a price-to-earnings ratio of 6.21 and a beta of 0.60. The company has a 50 day moving average of GBX 117.11 and a 200 day moving average of GBX 116.43.

The Bankers Investment Trust (LON:BNKR - Get Free Report) last released its earnings results on Wednesday, June 25th. The bank reported GBX 1.16 ($0.02) earnings per share (EPS) 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

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.