Brunner (LON:BUT) Reaches New 52-Week High – What’s Next?

Shares of Brunner (LON:BUT) hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as GBX 1,604 and last traded at GBX 1,568, with a volume of 45,254 shares. The stock had previously closed at GBX 1,578.

Brunner Stock Down 0.1%

The stock has a fifty day simple moving average of GBX 1,559.81 and a 200 day simple moving average of GBX 1,516.33. The firm has a market capitalization of £669.47 million, a P/E ratio of 6.56 and a beta of 0.81.

Brunner (LON:BUT) last announced its quarterly earnings data on Tuesday, July 21st. The investment trust reported GBX 19.70 EPS for the quarter. Brunner had a return on equity of 15.14% and a net margin of 96.94%.

Insider Activity

In other Brunner news, insider James Sharp bought 1,584 shares of the firm’s stock in a transaction that occurred on Tuesday, October 13th. The shares were bought at an average price of GBX 1,577 per share, with a total value of £24,979.68. Corporate insiders own 0.84% of the company’s stock.

About Brunner

Overview
Managed by Julian Bishop and James Ashworth, supported by Christian Schneider and Simon Gergel, The Brunner Investment Trust PLC aims to provide an ‘all-weather’ portfolio for investors looking for global growth opportunities and a quarterly dividend that has risen over time.

Through Brunner, investors can access a wide spread of high-quality companies operating in different sectors and countries via a single portfolio. The Trust favours large, well-financed businesses with global reach, pricing power and corporate liquidity.

Aim
The Trust aims to provide growth in capital value and dividends over the long term by investing in global and UK securities.