BlackRock Greater Europe (LON:BRGE) Shares Up 1% – Here’s Why

BlackRock Greater Europe (LON:BRGE) was up 1% during trading on Thursday . The stock traded as high as GBX 605 ($8.12) and last traded at GBX 599 ($8.04). Approximately 79,352 shares were traded during trading, a decline of 49% from the average daily volume of 156,560 shares. The stock had previously closed at GBX 593 ($7.96).

BlackRock Greater Europe Price Performance

The stock has a market cap of £584.66 million, a P/E ratio of 6.56 and a beta of 1.01. The business’s fifty day moving average price is GBX 587.28 and its 200 day moving average price is GBX 574.71.

BlackRock Greater Europe (LON:BRGE) last issued its earnings results on Tuesday, May 6th. The company reported GBX (0.04) ($0.00) earnings per share for the quarter. BlackRock Greater Europe had a net margin of 90.71% and a return on equity of 14.06%.

Insider Activity

In other BlackRock Greater Europe news, insider Andrew Impey bought 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 7th. The shares were acquired at an average cost of GBX 565 ($7.59) per share, for a total transaction of £33,900 ($45,521.69). 3.42% of the stock is owned by corporate insiders.

About BlackRock Greater Europe

The Company aims to provide capital growth, primarily through investment in a focused portfolio constructed from a combination of the securities of large, mid and small capitalisation European companies, together with some investment in the developing markets of Europe.