The Bankers Investment Trust (LON:BNKR) Reaches New 1-Year High – Here’s Why

Shares of The Bankers Investment Trust PLC (LON:BNKR) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 142.36 and last traded at GBX 142, with a volume of 1067872 shares. The stock had previously closed at GBX 140.40.

The Bankers Investment Trust Stock Performance

The stock has a 50 day moving average of GBX 134.81 and a 200-day moving average of GBX 133.51. The firm has a market capitalization of £1.34 billion, a P/E ratio of 7.05 and a beta of 0.58.

Insider Buying and Selling at The Bankers Investment Trust

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

The Bankers Investment Trust Company Profile

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.