The Bankers Investment Trust (LON:BNKR) Sets New 52-Week High – Here’s Why

The Bankers Investment Trust PLC (LON:BNKRGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as GBX 148.60 and last traded at GBX 148.40, with a volume of 764015 shares traded. The stock had previously closed at GBX 147.20.

The Bankers Investment Trust Stock Performance

The stock has a market capitalization of £1.39 billion, a PE ratio of 7.35 and a beta of 0.61. The business has a 50 day moving average of GBX 138.11 and a two-hundred day moving average of GBX 134.88.

Insiders Place Their Bets

In related news, insider Richard West acquired 514 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was purchased at an average cost of £132.45 per share, for a total transaction of £68,079.30. Also, insider Ankush Nandra bought 231 shares of The Bankers Investment Trust stock in a transaction that occurred on Thursday, March 12th. The shares were acquired at an average cost of GBX 132 per share, for a total transaction of £304.92. Corporate insiders own 0.04% of the company’s stock.

The Bankers Investment Trust Company Profile

(Get Free Report)

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.

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