BlackRock Throgmorton Trust (LON:THRG) Stock Crosses Above 50-Day Moving Average - Here's Why

BlackRock Throgmorton Trust (LON:THRG - Get Free Report)'s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 581.28 ($7.81) and traded as high as GBX 603 ($8.10). BlackRock Throgmorton Trust shares last traded at GBX 600.58 ($8.06), with a volume of 323,086 shares trading hands.

BlackRock Throgmorton Trust Stock Up 0.7%

The firm's 50 day moving average price is GBX 582.56 and its two-hundred day moving average price is GBX 563.35. The company has a market cap of £489.31 million, a P/E ratio of 6.37 and a beta of 1.20. The company has a debt-to-equity ratio of 0.00, a quick ratio of 3.68 and a current ratio of 2.75.

Insider Activity at BlackRock Throgmorton Trust

In other BlackRock Throgmorton Trust news, insider Angela Lane acquired 7,139 shares of the business's stock in a transaction dated Friday, April 25th. The stock was bought at an average price of GBX 527 ($7.08) per share, with a total value of £37,622.53 ($50,520.38). Company insiders own 11.67% of the company's stock.

About BlackRock Throgmorton Trust

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.