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

Brunner (LON:BUT) shares hit a new 52-week high during 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 company has a market capitalization of £670.32 million, a price-to-earnings ratio of 6.57 and a beta of 0.81. The business’s 50-day moving average price is GBX 1,559.73 and its two-hundred day moving average price is GBX 1,513.88.

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

Insiders Place Their Bets

In related news, insider James Sharp bought 1,584 shares of the business’s stock in a transaction dated Tuesday, October 13th. The stock was purchased at an average cost of GBX 1,577 per share, for a total transaction of £24,979.68. 0.84% of the stock is owned by corporate insiders.

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.