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

BlackRock Throgmorton Trust (LON:THRG) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 581.81 ($7.51) 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 changing hands.

BlackRock Throgmorton Trust Trading Down 5.5 %

The business has a 50-day moving average price of GBX 562.05 and a two-hundred day moving average price of GBX 581.81. The company has a current ratio of 2.75, a quick ratio of 3.68 and a debt-to-equity ratio of 0.00. The stock 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 quarterly earnings data 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%.

Insider Buying and Selling

In other news, insider James Will bought 10,000 shares of the company’s stock in a transaction on Thursday, February 27th. The shares were purchased at an average price of GBX 558 ($7.20) per share, with a total value of £55,800 ($71,981.42). 11.67% of the stock is currently owned by corporate insiders.

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.