Bankers (LON:BNKR) Share Price Passes Above 50-Day Moving Average of $109.52

Posted by Adam Masters on Apr 19th, 2024

Shares of Bankers (LON:BNKR – Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 109.52 ($1.36) and traded as high as GBX 111.60 ($1.39). Bankers shares last traded at GBX 111 ($1.38), with a volume of 2,249,747 shares.

Bankers Trading Down 0.8 %

The firm has a market capitalization of £1.32 billion, a price-to-earnings ratio of 2,220.00 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. The business has a fifty day moving average price of GBX 109.52 and a 200 day moving average price of GBX 103.07.

Bankers Increases Dividend

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

Insider Activity at Bankers

In related news, insider Ankush Nandra purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, April 3rd. The stock was purchased at an average cost of GBX 111 ($1.38) per share, for a total transaction of £11,100 ($13,818.00). 0.84% of the stock is owned by insiders.

About Bankers

(Get Free Report)

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.