Brunner (LON:BUT) Reaches New 1-Year High at $1,324.40

Brunner (LON:BUT)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 1,324.40 ($16.49) and last traded at GBX 1,300 ($16.18), with a volume of 40887 shares changing hands. The stock had previously closed at GBX 1,290 ($16.06).

Brunner Stock Up 0.0 %

The business’s fifty day moving average price is GBX 1,262.12 and its 200 day moving average price is GBX 1,159.16. The firm has a market capitalization of £550.84 million, a price-to-earnings ratio of 2,867.33 and a beta of 0.68. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 5.04.

Brunner Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, February 29th were issued a GBX 6.05 ($0.08) dividend. This represents a dividend yield of 0.5%. This is a boost from Brunner’s previous dividend of $5.55. The ex-dividend date was Thursday, February 29th. Brunner’s payout ratio is presently 5,111.11%.

Insider Activity

In other Brunner news, insider James Sharp bought 151 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were acquired at an average cost of GBX 1,273 ($15.85) per share, with a total value of £1,922.23 ($2,392.92). Corporate insiders own 30.40% of the company’s stock.

About Brunner

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.