Brunner (LON:BUT) Stock Price Passes Above Fifty Day Moving Average of $1,262.12

Brunner (LON:BUT)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1,262.12 ($15.71) and traded as high as GBX 1,302.25 ($16.21). Brunner shares last traded at GBX 1,290 ($16.06), with a volume of 136,487 shares changing hands.

Brunner Price Performance

The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 5.04. The business’s 50-day moving average is GBX 1,262.12 and its two-hundred day moving average is GBX 1,159.16. The company has a market capitalization of £550.83 million, a P/E ratio of 2,866.67 and a beta of 0.68.

Brunner Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, April 4th. Investors of record on Thursday, February 29th were given a dividend of GBX 6.05 ($0.08) per share. This is a positive change from Brunner’s previous dividend of $5.55. This represents a dividend yield of 0.5%. The ex-dividend date was Thursday, February 29th. Brunner’s dividend payout ratio (DPR) is presently 5,111.11%.

Insider Activity at Brunner

In other news, insider James Sharp purchased 151 shares of the company’s stock in a transaction that occurred on Friday, March 8th. The shares were bought at an average cost of GBX 1,273 ($15.85) per share, with a total value of £1,922.23 ($2,392.92). 30.40% of the stock is owned by insiders.

Brunner 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.