Brunner (LON:BUT) Sets New 12-Month High at $1,332.30

Brunner (LON:BUT) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 1,332.30 ($16.46) and last traded at GBX 1,305 ($16.12), with a volume of 226404 shares trading hands. The stock had previously closed at GBX 1,305 ($16.12).

Brunner Price Performance

The stock’s 50-day moving average price is GBX 1,271.52 and its 200 day moving average price is GBX 1,168.08. The firm has a market cap of £558.71 million, a price-to-earnings ratio of 2,888.89 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 company also recently disclosed a dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, February 29th were paid a dividend of GBX 6.05 ($0.07) per share. This represents a yield of 0.5%. This is a boost from Brunner’s previous dividend of $5.55. The ex-dividend date of this dividend was Thursday, February 29th. Brunner’s dividend payout ratio is currently 5,111.11%.

Insiders Place Their Bets

In other news, insider James Sharp acquired 151 shares of the firm’s stock in a transaction on Friday, March 8th. The shares were purchased at an average cost of GBX 1,273 ($15.72) per share, with a total value of £1,922.23 ($2,374.30). 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.