The Brunner Investment Trust (LON:BUT) Share Price Crosses Above 50 Day Moving Average of $1,062.84

The Brunner Investment Trust PLC (LON:BUT – Get Rating)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1,062.84 ($12.78) and traded as high as GBX 1,080 ($12.99). The Brunner Investment Trust shares last traded at GBX 1,060 ($12.75), with a volume of 63,240 shares traded.

The Brunner Investment Trust Stock Performance

The company has a debt-to-equity ratio of 5.18, a current ratio of 0.48 and a quick ratio of 0.48. The company has a fifty day moving average of GBX 1,062.84 and a two-hundred day moving average of GBX 1,009.96. The stock has a market capitalization of £452.51 million, a P/E ratio of 11,777.78 and a beta of 0.67.

The Brunner Investment Trust Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 4th. Investors of record on Thursday, February 23rd will be given a dividend of GBX 6.05 ($0.07) per share. This is a positive change from The Brunner Investment Trust’s previous dividend of $5.15. This represents a dividend yield of 0.56%. The ex-dividend date is Thursday, February 23rd. The Brunner Investment Trust’s dividend payout ratio is currently 23,333.33%.

About The Brunner Investment Trust

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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.