BlackRock Throgmorton Trust (LON:THRG) Stock Price Passes Below 50 Day Moving Average of $588.78

BlackRock Throgmorton Trust (LON:THRG) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 588.78 ($7.33) and traded as low as GBX 582 ($7.25). BlackRock Throgmorton Trust shares last traded at GBX 584 ($7.27), with a volume of 271,487 shares changing hands.

BlackRock Throgmorton Trust Stock Performance

The firm has a market cap of £533.75 million, a price-to-earnings ratio of -3,562.50 and a beta of 1.17. The stock’s 50 day moving average is GBX 587.30 and its 200 day moving average is GBX 580.85. The company has a current ratio of 2.81, a quick ratio of 3.68 and a debt-to-equity ratio of 0.05.

BlackRock Throgmorton Trust Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, February 22nd were paid a GBX 11.45 ($0.14) dividend. The ex-dividend date was Thursday, February 22nd. This represents a yield of 1.89%. This is a positive change from BlackRock Throgmorton Trust’s previous dividend of $3.30. BlackRock Throgmorton Trust’s dividend payout ratio is -9,375.00%.

BlackRock Throgmorton Trust Company Profile

BlackRock Throgmorton Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. It is managed by BlackRock Investment Management (UK) Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.