Brunner (LON:BUT) Sets New 1-Year High – Here’s Why

Brunner (LON:BUT) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 1,528 and last traded at GBX 1,504, with a volume of 53206 shares trading hands. The stock had previously closed at GBX 1,494.

Brunner Trading Up 0.7%

The company’s 50 day moving average price is GBX 1,443.16 and its 200 day moving average price is GBX 1,433.92. The company has a market cap of £649.28 million, a price-to-earnings ratio of 11.71 and a beta of 0.54. The company has a debt-to-equity ratio of 3.70, a quick ratio of 0.48 and a current ratio of 3.51.

Brunner (LON:BUT) last released its quarterly earnings results on Thursday, February 12th. The investment trust reported GBX 27.86 earnings per share for the quarter. Brunner had a net margin of 94.80% and a return on equity of 8.72%.

About Brunner

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).