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

Key Points

• The Bankers Investment Trust (LON:BNKR) shares surpassed their fifty-day moving average, reaching a high of GBX 123.80 during trading on Wednesday.
• The company reported earnings of GBX 1.16 per share for the quarter, achieving a net margin of 94.23% and a return on equity of 15.93%.
• With a market capitalization of £1.37 billion, the trust aims for capital growth exceeding the FTSE World Index and dividend growth surpassing inflation as measured by the UK Consumer Price Index.

Shares of The Bankers Investment Trust PLC (LON:BNKR - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 120.83 ($1.64) and traded as high as GBX 123.80 ($1.68). The Bankers Investment Trust shares last traded at GBX 123.51 ($1.68), with a volume of 1,656,032 shares.

The Bankers Investment Trust Stock Up 0.1%

The company has a debt-to-equity ratio of 8.63, a quick ratio of 8.27 and a current ratio of 45.31. The stock has a market capitalization of £1.37 billion, a price-to-earnings ratio of 6.26 and a beta of 0.60. The firm's fifty day simple moving average is GBX 120.83 and its 200 day simple moving average is GBX 117.22.

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

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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