The Brunner Investment Trust (LON:BUT) Stock Price Passes Below 50-Day Moving Average of $1,043.13

The Brunner Investment Trust PLC (LON:BUT) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 1,043.13 ($12.81) and traded as low as GBX 1,022.05 ($12.55). The Brunner Investment Trust shares last traded at GBX 1,040 ($12.77), with a volume of 20,962 shares trading hands.

The Brunner Investment Trust Stock Down 0.4 %

The stock has a market capitalization of £442.27 million, a price-to-earnings ratio of 2,311.11 and a beta of 0.65. The firm’s fifty day moving average is GBX 1,043.13 and its 200-day moving average is GBX 1,051.96. The company has a debt-to-equity ratio of 5.04, a current ratio of 0.48 and a quick ratio of 0.48.

The Brunner Investment Trust Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Thursday, October 26th will be issued a dividend of GBX 5.55 ($0.07) per share. The ex-dividend date is Thursday, October 26th. This represents a dividend yield of 0.54%. The Brunner Investment Trust’s dividend payout ratio (DPR) is 5,111.11%.

Insiders Place Their Bets

In other The Brunner Investment Trust news, insider James Sharp bought 53 shares of the company’s stock in a transaction on Monday, September 25th. The shares were bought at an average cost of GBX 1,049 ($12.88) per share, with a total value of £555.97 ($682.76). 31.85% of the stock is owned by corporate insiders.

The Brunner Investment Trust Company Profile

The Brunner Investment Trust PLC is an open-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies.