The Bankers Investment Trust (LON:BNKR) Reaches New 52-Week High – Still a Buy?

Shares of The Bankers Investment Trust PLC (LON:BNKR) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 138.80 and last traded at GBX 138.56, with a volume of 1324318 shares trading hands. The stock had previously closed at GBX 138.

The Bankers Investment Trust Stock Performance

The company has a market capitalization of £1.33 billion, a PE ratio of 6.90 and a beta of 0.57. The stock’s 50 day moving average is GBX 132.89 and its 200 day moving average is GBX 132.44.

The Bankers Investment Trust (LON:BNKR) last announced its quarterly earnings results on Thursday, January 15th. The bank reported GBX 2.25 EPS for the quarter. The Bankers Investment Trust had a negative net margin of 551.87% and a positive return on equity of 16.08%.

Insider Buying and Selling

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