The Bankers Investment Trust (LON:BNKR) Stock Price Passes Above 50 Day Moving Average - Time to Sell?

Key Points

• The Bankers Investment Trust PLC (LON:BNKR) share price has surpassed its fifty-day moving average of GBX 122.90, reaching a high of GBX 124.80 during trading.
• The company reported a net margin of 94.23% and earnings per share of GBX 1.16 for the quarter ended June 25, showcasing strong profitability.
• With a market cap of £1.27 billion, the firm aims for capital growth exceeding the FTSE World Index and dividend growth surpassing inflation.

The Bankers Investment Trust PLC (LON:BNKR - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 122.90 ($1.67) and traded as high as GBX 124.80 ($1.69). The Bankers Investment Trust shares last traded at GBX 124.40 ($1.69), with a volume of 1,673,211 shares trading hands.

The Bankers Investment Trust Stock Up 0.3%

The business has a 50 day moving average of GBX 123.23 and a 200 day moving average of GBX 117.22. 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 has a market capitalization of £1.30 billion, a price-to-earnings ratio of -6,448.98 and a beta of 0.60.

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

About The Bankers Investment Trust

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.