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Brunner (LON:BUT) Share Price Crosses Above 50 Day Moving Average - Here's Why

Brunner logo with Financial Services background

Brunner (LON:BUT - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1,284.46 ($16.92) and traded as high as GBX 1,348 ($17.76). Brunner shares last traded at GBX 1,344 ($17.71), with a volume of 39,386 shares.

Brunner Stock Up 0.7%

The company's 50 day moving average price is GBX 1,286.40 and its 200 day moving average price is GBX 1,378.61. The firm has a market capitalization of £601.16 million, a price-to-earnings ratio of 5.73 and a beta of 0.67.

Brunner (LON:BUT - Get Free Report) last posted its earnings results on Thursday, February 13th. The investment trust reported GBX 27.37 ($0.36) earnings per share (EPS) for the quarter. Brunner had a net margin of 94.54% and a return on equity of 18.49%.

Brunner Company Profile

(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).

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