Bankers (LON:BNKR) Stock Crosses Above 50-Day Moving Average of $110.86

Bankers (LON:BNKR)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 110.86 ($1.39) and traded as high as GBX 113.40 ($1.42). Bankers shares last traded at GBX 113.40 ($1.42), with a volume of 2,240,819 shares changing hands.

Bankers Stock Performance

The firm’s 50 day simple moving average is GBX 110.86 and its 200-day simple moving average is GBX 104.52. The company has a market capitalization of £1.37 billion, a price-to-earnings ratio of 2,268.00 and a beta of 0.62. The company has a debt-to-equity ratio of 9.37, a quick ratio of 8.27 and a current ratio of 2.74.

Bankers Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, April 25th will be given a dividend of GBX 0.67 ($0.01) per share. This represents a yield of 0.63%. This is a positive change from Bankers’s previous dividend of $0.66. The ex-dividend date of this dividend is Thursday, April 25th. Bankers’s payout ratio is presently 6,000.00%.

Insiders Place Their Bets

In other Bankers news, insider Simon Edward Callum Miller bought 10,000 shares of the company’s stock in a transaction dated Thursday, April 11th. The shares were bought at an average price of GBX 112 ($1.41) per share, for a total transaction of £11,200 ($14,070.35). Corporate insiders own 0.84% of the company’s stock.

About Bankers

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.