Brunner (LON:BUT) Stock Price Down 1% – Time to Sell?

Brunner (LON:BUT)’s stock price was down 1% during mid-day trading on Wednesday . The stock traded as low as GBX 1,471.01 ($18.57) and last traded at GBX 1,485 ($18.74). Approximately 46,345 shares changed hands during trading, a decline of 49% from the average daily volume of 91,491 shares. The stock had previously closed at GBX 1,500 ($18.93).

Brunner Stock Down 1.0 %

The stock has a 50-day moving average of GBX 1,442.77 and a 200-day moving average of GBX 1,386.37. The company has a quick ratio of 0.48, a current ratio of 0.99 and a debt-to-equity ratio of 4.24. The company has a market cap of £629.68 million, a PE ratio of 609.50 and a beta of 0.67.

Brunner Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, October 24th were paid a GBX 5.90 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, October 24th. This represents a dividend yield of 0.42%. Brunner’s dividend payout ratio is presently 950.41%.

About Brunner

The Brunner Investment Trust PLC is an open-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies.