BlackRock Latin American (LON:BRLA) Reaches New 52-Week High on Insider Buying Activity

BlackRock Latin American (LON:BRLAGet Free Report)’s stock price reached a new 52-week high during trading on Thursday after an insider bought additional shares in the company. The company traded as high as GBX 399 and last traded at GBX 394, with a volume of 31678 shares. The stock had previously closed at GBX 399.

Specifically, insider Craig Cleland acquired 3,000 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were bought at an average price of GBX 399 per share, with a total value of £11,970.

BlackRock Latin American Trading Down 1.3%

The firm has a market capitalization of £116.03 million, a P/E ratio of 5.47 and a beta of 0.96. The firm has a fifty day simple moving average of GBX 370.40 and a two-hundred day simple moving average of GBX 355.77. The company has a debt-to-equity ratio of 12.88, a current ratio of 0.16 and a quick ratio of 0.09.

BlackRock Latin American Company Profile

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The Company aims to secure long-term capital growth and an attractive total return primarily through investing in quoted securities in Latin America.

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