Brunner (LON:BUT) Sets New 12-Month High at $1,315.00

Brunner (LON:BUT) hit a new 52-week high on Tuesday . The stock traded as high as GBX 1,315 ($16.62) and last traded at GBX 1,296.25 ($16.38), with a volume of 4046 shares changing hands. The stock had previously closed at GBX 1,275 ($16.11).

Brunner Price Performance

The company’s fifty day moving average is GBX 1,223.72 and its two-hundred day moving average is GBX 1,134.69. The firm has a market capitalization of £555.43 million, a price-to-earnings ratio of 2,866.67 and a beta of 0.68. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 5.04.

Brunner Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, April 4th. Investors of record on Thursday, February 29th will be issued a GBX 6.05 ($0.08) dividend. This is a positive change from Brunner’s previous dividend of $5.55. This represents a yield of 0.5%. The ex-dividend date of this dividend is Thursday, February 29th. Brunner’s dividend payout ratio is currently 5,111.11%.

Insiders Place Their Bets

In other news, insider James Sharp bought 151 shares of the business’s stock in a transaction on Friday, March 8th. The shares were bought at an average cost of GBX 1,273 ($16.09) per share, for a total transaction of £1,922.23 ($2,429.21). Company insiders own 30.40% of the company’s stock.

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.