Brunner (LON:BUT) Sets New 1-Year High – Time to Buy?

Brunner (LON:BUT) reached a new 52-week high during trading on Tuesday. The company traded as high as GBX 1,604 and last traded at GBX 1,592, with a volume of 134,051 shares traded. The stock had previously closed at GBX 1,584.

Brunner Stock Up 0.5%

The stock’s 50-day moving average price is GBX 1,560.37 and its 200-day moving average price is GBX 1,498.25. The company has a market capitalization of £680.58 million, a price-to-earnings ratio of 6.67 and a beta of 0.81.

Insider Activity at Brunner

In other news, insider James Sharp bought 1,584 shares of the company’s stock in a transaction dated Tuesday, October 13th. The stock was bought at an average price of GBX 1,577 per share, for a total transaction of £24,979.68. Company 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.