The Bankers Investment Trust (LON:BNKR) Shares Pass Below 50 Day Moving Average – Here’s What Happened

The Bankers Investment Trust PLC (LON:BNKR)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 114.39 ($1.44) and traded as low as GBX 112.80 ($1.42). The Bankers Investment Trust shares last traded at GBX 114 ($1.43), with a volume of 2,302,583 shares traded.

The Bankers Investment Trust Price Performance

The company has a current ratio of 5.41, a quick ratio of 8.27 and a debt-to-equity ratio of 8.54. The company has a market cap of £1.31 billion, a PE ratio of 2,280.00 and a beta of 0.60. The firm has a 50 day moving average of GBX 114.39 and a two-hundred day moving average of GBX 113.36.

The Bankers Investment Trust Announces Dividend

The business also recently declared a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, October 24th were issued a dividend of GBX 0.67 ($0.01) per share. The ex-dividend date of this dividend was Thursday, October 24th. This represents a dividend yield of 0.61%. The Bankers Investment Trust’s payout ratio is presently 6,000.00%.

Insider Transactions at The Bankers Investment Trust

In other The Bankers Investment Trust news, insider Richard West bought 284 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were acquired at an average cost of GBX 116 ($1.46) per share, for a total transaction of £329.44 ($414.03). 3.24% of the stock is owned by insiders.

About The Bankers Investment Trust

The Bankers Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.