Brunner (LON:BUT) Reaches New 52-Week High at $1,324.40

Brunner (LON:BUT) reached a new 52-week high 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. The stock had previously closed at GBX 1,290 ($16.06).

Brunner Stock Performance

The stock has a market cap of £550.70 million, a P/E ratio of 2,866.67 and a beta of 0.68. The business’s 50 day simple moving average is GBX 1,265.62 and its two-hundred day simple moving average is GBX 1,161.70. 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 declared a dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, February 29th were issued a dividend of GBX 6.05 ($0.08) per share. This represents a dividend yield of 0.5%. The ex-dividend date was Thursday, February 29th. This is a positive change from Brunner’s previous dividend of $5.55. Brunner’s payout ratio is 5,111.11%.

Insider Transactions at Brunner

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

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.