BlackRock Throgmorton Trust plc (LON:THRG – Get Rating)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 541 ($6.57) and last traded at GBX 543 ($6.59), with a volume of 72983 shares. The stock had previously closed at GBX 575 ($6.98).
The firm’s 50-day moving average price is GBX 635.98 and its two-hundred day moving average price is GBX 767.29. The stock has a market cap of £556.79 million and a price-to-earnings ratio of 2.43.
In other news, insider Louise Nash purchased 1,800 shares of the stock in a transaction dated Friday, June 10th. The shares were purchased at an average price of GBX 594 ($7.21) per share, with a total value of £10,692 ($12,977.30).
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.
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