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

Brunner (LON:BUTGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1,537.62 and traded as high as GBX 1,558. Brunner shares last traded at GBX 1,537.89, with a volume of 43,647 shares traded.

Brunner Trading Up 0.7%

The company has a fifty day simple moving average of GBX 1,538.69 and a 200-day simple moving average of GBX 1,489.79. The company has a market capitalization of £660.89 million, a PE ratio of 6.46 and a beta of 0.82.

Brunner (LON:BUTGet Free Report) last posted its quarterly earnings results 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%.

About Brunner

(Get Free Report)

Brunner aims to provide its investors with both capital growth and growing dividends by investing in a portfolio of global equities. The Trust invests in companies all over the world, seeking out opportunities for growth and reliable dividends wherever they may be. Trust’s performance is measured against the benchmark index (70% FTSE World ex-UK Index and 30% FTSE All-Share Index).

Further Reading

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