The Bankers Investment Trust PLC (LON:BNKR - Get Free Report) passed 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 changing hands.
The Bankers Investment Trust Stock Down 0.2 %
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 firm's 50-day moving average price is GBX 110.79 and its 200 day moving average price is GBX 115.49. The firm has a market capitalization of £1.26 billion, a price-to-earnings ratio of 5.74 and a beta of 0.60.
The Bankers Investment Trust Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Thursday, March 20th were given a dividend of GBX 1 ($0.01) per share. This is an increase from The Bankers Investment Trust's previous dividend of $0.69. The ex-dividend date was Thursday, March 20th. This represents a yield of 1.31%. The Bankers Investment Trust's dividend payout ratio (DPR) is presently 15.20%.
Insider Transactions at The Bankers Investment Trust
In other The Bankers Investment Trust news, insider Ankush Nandra bought 10,000 shares of the company's stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average cost of GBX 116 ($1.54) per share, for a total transaction of £11,600 ($15,413.23). Insiders own 3.24% of the company's stock.
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.
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
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.