Brunner (LON:BUT) Hits New 1-Year High – Should You Buy?

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

Brunner Price Performance

The firm has a market capitalization of £670.32 million, a price-to-earnings ratio of 6.57 and a beta of 0.81. The firm’s 50-day simple moving average is GBX 1,559.73 and its 200 day simple moving average is GBX 1,513.88.

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

Insider Activity at Brunner

In other Brunner news, insider James Sharp acquired 1,584 shares of the company’s stock in a transaction that occurred on Tuesday, October 13th. The stock was acquired at an average cost of GBX 1,577 per share, for a total transaction of £24,979.68. Company insiders own 0.84% of the company’s stock.

Brunner Company Profile

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.