Brunner (LON:BUT) Stock Price Crosses Above 50-Day Moving Average of $1,262.12

Brunner (LON:BUT)’s stock 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 debt-to-equity ratio of 5.04, a quick ratio of 0.48 and a current ratio of 0.48. The stock has a market capitalization of £550.70 million, a price-to-earnings 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 200-day simple moving average is GBX 1,161.70.

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 of this dividend was Thursday, February 29th. This is a boost from Brunner’s previous dividend of $5.55. Brunner’s payout ratio is 5,111.11%.

Insider Buying and Selling

In other Brunner news, insider James Sharp purchased 151 shares of the firm’s stock in a transaction dated Friday, March 8th. The stock was bought at an average price 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.

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.