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

BlackRock Throgmorton Trust (LON:THRG)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 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 Trading Down 0.3 %

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

BlackRock Throgmorton Trust Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, February 22nd were given a dividend of GBX 11.45 ($0.14) per share. The ex-dividend date of this dividend was Thursday, February 22nd. This is an increase from BlackRock Throgmorton Trust’s previous dividend of $3.30. This represents a dividend yield of 1.89%. 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.