The Bankers Investment Trust (LON:BNKR) Reaches New 1-Year High – Still a Buy?

The Bankers Investment Trust PLC (LON:BNKR)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 132.40 ($1.76) and last traded at GBX 132.13 ($1.76), with a volume of 1193918 shares changing hands. The stock had previously closed at GBX 131.40 ($1.75).

The Bankers Investment Trust Stock Up 0.5%

The company has a debt-to-equity ratio of 8.63, a quick ratio of 8.27 and a current ratio of 45.31. The stock has a market capitalization of £1.33 billion, a P/E ratio of -67.41 and a beta of 0.60. The stock’s fifty day simple moving average is GBX 127.16 and its two-hundred day simple moving average is GBX 120.58.

Insider Buying and Selling

In other The Bankers Investment Trust news, insider Ankush Nandra bought 333 shares of The Bankers Investment Trust stock in a transaction on Friday, September 12th. The shares were purchased at an average cost of GBX 126 per share, with a total value of £419.58. Also, insider Richard West bought 538 shares of The Bankers Investment Trust stock in a transaction on Friday, September 12th. The shares were acquired at an average cost of GBX 126 per share, for a total transaction of £677.88. Insiders own 0.04% of the company’s stock.

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.