Brunner (LON:BUT) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Shares of Brunner (LON:BUTGet Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 1,394.87 ($18.16) and traded as high as GBX 1,430 ($18.61). Brunner shares last traded at GBX 1,415 ($18.42), with a volume of 84,299 shares traded.

Brunner Trading Up 1.6 %

The stock has a market cap of £613.88 million, a price-to-earnings ratio of 584.71 and a beta of 0.67. The business has a 50-day simple moving average of GBX 1,394.87 and a two-hundred day simple moving average of GBX 1,359.20. The company has a debt-to-equity ratio of 4.24, a quick ratio of 0.48 and a current ratio of 0.99.

Brunner Announces Dividend

The business also recently declared a dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, October 24th will be given a dividend of GBX 5.90 ($0.08) per share. This represents a dividend yield of 0.42%. The ex-dividend date is Thursday, October 24th. Brunner’s dividend payout ratio (DPR) is 950.41%.

About Brunner

(Get Free Report)

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.

Read More

Receive News & Ratings for Brunner Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brunner and related companies with MarketBeat.com's FREE daily email newsletter.