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

The Bankers Investment Trust PLC (LON:BNKR) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 118.20 ($1.50) and last traded at GBX 118.20 ($1.50), with a volume of 1287175 shares. The stock had previously closed at GBX 117.60 ($1.49).

The Bankers Investment Trust Stock Performance

The business has a 50-day moving average price of GBX 113.43 and a 200-day moving average price of GBX 113.12. The company has a quick ratio of 8.27, a current ratio of 5.41 and a debt-to-equity ratio of 8.54. The firm has a market capitalization of £1.36 billion, a price-to-earnings ratio of 2,352.00 and a beta of 0.60.

The Bankers Investment Trust Dividend Announcement

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

The Bankers Investment Trust Company Profile

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.