BlackRock Throgmorton Trust (LON:THRG) Stock Price Crosses Below Fifty Day Moving Average of $585.39

BlackRock Throgmorton Trust (LON:THRG)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 585.39 ($7.23) and traded as low as GBX 575 ($7.10). BlackRock Throgmorton Trust shares last traded at GBX 590 ($7.29), with a volume of 272,102 shares traded.

BlackRock Throgmorton Trust Stock Down 0.2 %

The firm has a 50 day simple moving average of GBX 585.39 and a two-hundred day simple moving average of GBX 581.41. The company has a market capitalization of £551.31 million, a PE ratio of -3,677.25 and a beta of 1.17. 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 announced a dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, February 22nd were paid a GBX 11.45 ($0.14) dividend. This is an increase from BlackRock Throgmorton Trust’s previous dividend of $3.30. This represents a dividend yield of 1.89%. The ex-dividend date of this dividend was Thursday, February 22nd. BlackRock Throgmorton Trust’s dividend payout ratio (DPR) 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.