Brunner (LON:BUT) Stock Price Crosses Above 50 Day Moving Average - Should You Sell?

Key Points

• Brunner (LON:BUT) shares have crossed above their 50-day moving average during trading, indicating potential upward momentum, with recent trading at GBX 1,431.17 ($18.98).
• The investment trust reported earnings per share (EPS) of GBX 17.30 ($0.23) in its last quarterly earnings, achieving a return on equity of 18.49% and a net margin of 94.54%.
• Brunner seeks to deliver capital growth and increasing dividends by investing in a diversified portfolio of global equities, benchmarked against the FTSE World ex-UK Index and FTSE All-Share Index.

Brunner (LON:BUT - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1,408.21 ($18.70) and traded as high as GBX 1,434 ($19.04). Brunner shares last traded at GBX 1,431.17 ($19.00), with a volume of 90,633 shares.

Brunner Trading Up 0.6%

The business's 50 day moving average price is GBX 1,410.91 and its 200-day moving average price is GBX 1,363.55. The company has a market cap of £608.11 million, a price-to-earnings ratio of 5.80 and a beta of 0.67.

Brunner (LON:BUT - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The investment trust reported GBX 17.30 ($0.23) EPS for the quarter. Brunner had a net margin of 94.54% and a return on equity of 18.49%.

Brunner Company Profile

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).