BlackRock Greater Europe (LON:BRGE) Shares Down 0.3% - What's Next?

Key Points

• BlackRock Greater Europe's shares fell 0.3%, trading last at GBX 576 ($7.75), with trading volume down 54% from the average.
• The company reported a return on equity of 14.06% and a net margin of 90.71% in its latest earnings, despite earnings per share being reported at GBX (0.04) ($0.00).
• BlackRock Greater Europe aims for capital growth by investing in a focused portfolio of large, mid, and small capitalization European companies, along with some exposure to developing markets.

BlackRock Greater Europe (LON:BRGE - Get Free Report)'s share price dropped 0.3% on Friday . The stock traded as low as GBX 574.90 ($7.73) and last traded at GBX 576 ($7.75). Approximately 71,662 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 154,555 shares. The stock had previously closed at GBX 578 ($7.77).

BlackRock Greater Europe Trading Down 0.3%

The firm's 50 day simple moving average is GBX 588.67 and its two-hundred day simple moving average is GBX 577.45. The firm has a market cap of £562.21 million, a price-to-earnings ratio of 6.30 and a beta of 1.01.

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

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.

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