The Brunner Investment Trust (LON:BUT) Shares Pass Below 200 Day Moving Average of $1,040.31

Shares of The Brunner Investment Trust PLC (LON:BUT – Get Rating) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,040.31 ($12.63) and traded as low as GBX 930.06 ($11.29). The Brunner Investment Trust shares last traded at GBX 933 ($11.32), with a volume of 25,625 shares.

The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 6.99. The stock’s 50-day moving average is GBX 1,004.04 and its 200-day moving average is GBX 1,040.31. The firm has a market cap of £398.32 million and a P/E ratio of 4.48.

The company also recently announced a dividend, which will be paid on Thursday, July 21st. Stockholders of record on Thursday, June 16th will be paid a GBX 5.15 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, June 16th. This represents a dividend yield of 0.51%. The Brunner Investment Trust’s dividend payout ratio is presently 10.08%.

In related news, insider James Sharp purchased 71 shares of The Brunner Investment Trust stock in a transaction that occurred on Thursday, May 5th. The shares were acquired at an average price of GBX 1,029 ($12.49) per share, for a total transaction of £730.59 ($886.75).

The Brunner Investment Trust Company Profile (LON:BUT)

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.

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