BlackRock Throgmorton Trust (LON:THRG) Shares Cross Below 50 Day Moving Average of $588.78

BlackRock Throgmorton Trust (LON:THRG) crossed 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 traded.

BlackRock Throgmorton Trust Stock Performance

The company has a market capitalization of £537.70 million, a PE ratio of -3,650.00 and a beta of 1.17. The business’s fifty day moving average is GBX 588.78 and its two-hundred day moving average is GBX 580.74. 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 company also recently disclosed a dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, February 22nd were issued a GBX 11.45 ($0.14) dividend. This is a positive change from BlackRock Throgmorton Trust’s previous dividend of $3.30. This represents a yield of 1.89%. The ex-dividend date of this dividend was Thursday, February 22nd. BlackRock Throgmorton Trust’s payout ratio is presently -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.