The Bankers Investment Trust (LON:BNKR) Share Price Passes Above Fifty Day Moving Average - Should You Sell?

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.

The Bankers Investment Trust PLC (LON:BNKR - Get Free Report)'s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 121.50 ($1.64) and traded as high as GBX 124.80 ($1.68). The Bankers Investment Trust shares last traded at GBX 123.20 ($1.66), with a volume of 1,051,237 shares trading hands.

The Bankers Investment Trust Stock Performance

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 stock has a 50-day simple moving average of GBX 121.97 and a 200-day simple moving average of GBX 117.21. The stock has a market cap of £1.37 billion, a P/E ratio of 6.27 and a beta of 0.60.

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

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.