Bankers (LON:BNKR) Sets New 1-Year High at $113.95

Bankers (LON:BNKR)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 113.95 ($1.43) and last traded at GBX 113.82 ($1.43), with a volume of 775806 shares. The stock had previously closed at GBX 113.40 ($1.42).

Bankers Price Performance

The business has a 50-day simple moving average of GBX 111.17 and a two-hundred day simple moving average of GBX 104.73. The company has a quick ratio of 8.27, a current ratio of 2.74 and a debt-to-equity ratio of 9.37. The stock has a market capitalization of £1.38 billion, a price-to-earnings ratio of 2,284.00 and a beta of 0.62.

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 GBX 0.67 ($0.01) dividend. This is a positive change from Bankers’s previous dividend of $0.66. The ex-dividend date of this dividend is Thursday, April 25th. This represents a dividend yield of 0.63%. Bankers’s dividend payout ratio is 6,000.00%.

Insider Transactions at Bankers

In related news, insider Simon Edward Callum Miller acquired 10,000 shares of Bankers stock in a transaction dated Thursday, April 11th. The stock was acquired at an average cost of GBX 112 ($1.41) per share, with a total value 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.