The Bankers Investment Trust PLC (LON:BNKR - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 115.81 ($1.57) and traded as low as GBX 114.60 ($1.55). The Bankers Investment Trust shares last traded at GBX 116 ($1.57), with a volume of 1,972,989 shares traded.
The Bankers Investment Trust Stock Performance
The company has a quick ratio of 8.27, a current ratio of 45.31 and a debt-to-equity ratio of 8.63. The business's 50 day moving average is GBX 111.11 and its 200-day moving average is GBX 115.81. The firm has a market cap of £1.29 billion, a P/E ratio of 5.90 and a beta of 0.60.
The Bankers Investment Trust Increases Dividend
The company also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Thursday, March 20th were given a dividend of GBX 1 ($0.01) per share. The ex-dividend date was Thursday, March 20th. This represents a dividend yield of 1.31%. This is a positive change from The Bankers Investment Trust's previous dividend of $0.69. The Bankers Investment Trust's dividend payout ratio is currently 15.20%.
Insider Activity at The Bankers Investment Trust
In other news, insider Ankush Nandra acquired 10,000 shares of The Bankers Investment Trust stock in a transaction on Monday, March 10th. The stock was bought at an average cost of GBX 116 ($1.57) per share, with a total value of £11,600 ($15,720.29). 3.24% of the stock is currently owned by insiders.
About The Bankers Investment Trust
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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.
Further Reading
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