BlackRock Throgmorton Trust (LON:THRG) Issues Earnings Results

Key Points

• BlackRock Throgmorton Trust reported a quarterly EPS of GBX 8.44 ($0.11) and achieved a return on equity of 14.49% alongside a high net margin of 92.84%.
• During trading, the stock rose to GBX 595 ($7.90) with a market capitalization of £484.15 million and a PE ratio of 6.30.
• The company focuses on providing long-term capital growth by investing primarily in UK smaller and mid-cap companies listed on the London Stock Exchange.

BlackRock Throgmorton Trust (LON:THRG - Get Free Report) released its quarterly earnings results on Monday. The investment trust reported GBX 8.44 ($0.11) earnings per share (EPS) for the quarter, Digital Look Earnings reports. BlackRock Throgmorton Trust had a net margin of 92.84% and a return on equity of 14.49%.

BlackRock Throgmorton Trust Stock Performance

THRG stock traded down GBX 3 ($0.04) during trading on Wednesday, hitting GBX 597 ($7.94). 118,047 shares of the company's stock traded hands, compared to its average volume of 488,793. The company has a quick ratio of 3.68, a current ratio of 2.75 and a debt-to-equity ratio of 0.00. BlackRock Throgmorton Trust has a 52 week low of GBX 454 ($6.04) and a 52 week high of GBX 642 ($8.54). The stock has a fifty day moving average price of GBX 589.50 and a two-hundred day moving average price of GBX 565.40. The stock has a market capitalization of £485.77 million, a price-to-earnings ratio of 6.32 and a beta of 1.20.

BlackRock Throgmorton Trust Company Profile

The Company aims to provide shareholders with long-term capital growth and an attractive total return by investing primarily in UK smaller companies and mid-capitalisation companies traded on the London Stock Exchange.