The Bankers Investment Trust (LON:BNKR) Hits New 52-Week High - Time to Buy?

Shares of The Bankers Investment Trust PLC (LON:BNKR - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 142.36 and last traded at GBX 142, with a volume of 1067872 shares trading hands. The stock had previously closed at GBX 140.40.The Bankers Investment Trust Stock Up 2.2%The company has a market capitalization of £1.36 billion, a P/E ratio of 7.08 and a beta of 0.58. The business has a 50 day simple moving average of GBX 134.51 and a 200-day simple moving average of GBX 133.30. Insiders Place Their BetsIn related news, insider Ankush Nandra bought 231 shares of the business's stock in a transaction 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 acquired 514 shares of the business's stock in a transaction that occurred on Friday, March 13th. The shares were bought at an average price of £132.45 per share, for a total transaction of £68,079.30. Company insiders own 0.04% of the company's stock. About The Bankers Investment Trust (Get Free Report)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. Featured StoriesFive stocks we like better than The Bankers Investment TrustThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in The Bankers Investment Trust Right Now?Before you consider The Bankers Investment Trust, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Bankers Investment Trust wasn't on the list.While The Bankers Investment Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here