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

The Bankers Investment Trust logo with Financial Services background

Key Points

  • The Bankers Investment Trust PLC's share price has crossed above its fifty-day moving average, reaching GBX 124.80 ($1.67) during trading, contributing to a slight increase of 0.3% in its stock price.
  • The company has a market capitalization of £1.37 billion, with a notable price-to-earnings ratio of 6.26 and a net margin of 94.23% based on its most recent quarterly earnings.
  • The Bankers Investment Trust aims for capital growth exceeding the FTSE World Index and dividend growth surpassing inflation, focusing on global investments.
  • Looking to export and analyze The Bankers Investment Trust data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

The Bankers Investment Trust PLC (LON:BNKR - Get Free Report)'s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 121.50 ($1.63) and traded as high as GBX 124.80 ($1.67). The Bankers Investment Trust shares last traded at GBX 123.20 ($1.65), with a volume of 1,051,237 shares.

The Bankers Investment Trust Stock Up 0.3%

The company 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 50 day moving average price is GBX 121.50 and its two-hundred day moving average price is GBX 117.24. 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 Bankers Investment Trust (LON:BNKR - Get Free Report) last released its quarterly earnings data on Wednesday, June 25th. The bank reported GBX 1.16 earnings per share for the quarter. The Bankers Investment Trust had a net margin of 94.23% and a return on equity of 15.93%.

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.

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