BlackRock Throgmorton Trust (LON:THRG) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

BlackRock Throgmorton Trust (LON:THRG) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 581.81 ($7.50) and traded as low as GBX 483 ($6.23). BlackRock Throgmorton Trust shares last traded at GBX 485.66 ($6.26), with a volume of 600,280 shares.

BlackRock Throgmorton Trust Price Performance

The firm has a market capitalization of £395.18 million, a P/E ratio of 5.15 and a beta of 1.20. The company has a debt-to-equity ratio of 0.00, a quick ratio of 3.68 and a current ratio of 2.75. The business has a 50 day simple moving average of GBX 562.05 and a two-hundred day simple moving average of GBX 581.61.

BlackRock Throgmorton Trust (LON:THRG) last announced its earnings results on Thursday, February 20th. The investment trust reported GBX 18.54 ($0.24) earnings per share for the quarter. BlackRock Throgmorton Trust had a net margin of 92.84% and a return on equity of 14.49%.

Insiders Place Their Bets

In other BlackRock Throgmorton Trust news, insider James Will purchased 10,000 shares of BlackRock Throgmorton Trust stock in a transaction on Thursday, February 27th. The shares were acquired at an average cost of GBX 558 ($7.20) per share, for a total transaction of £55,800 ($71,953.58). Corporate insiders own 11.67% of the company’s stock.

BlackRock Throgmorton Trust Company Profile

The Company aims to provide shareholders with long-term capital growth and an attractive total return by investing primarily in UK smaller companies and mid-capitalisation companies traded on the London Stock Exchange.