BlackRock Throgmorton Trust (LON:THRG) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

BlackRock Throgmorton Trust (LON:THRG) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 trading hands.

BlackRock Throgmorton Trust Trading Down 5.5 %

The company has a debt-to-equity ratio of 0.00, a current ratio of 2.75 and a quick ratio of 3.68. The stock’s 50 day moving average is GBX 562.05 and its 200-day moving average is GBX 581.61. The company has a market capitalization of £395.18 million, a P/E ratio of 5.15 and a beta of 1.20.

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

Insider Activity

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

About BlackRock Throgmorton Trust

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.