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

BlackRock Throgmorton Trust (LON:THRG - Get Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 534.66 ($7.23) and traded as high as GBX 574 ($7.76). BlackRock Throgmorton Trust shares last traded at GBX 569.42 ($7.69), with a volume of 486,491 shares trading hands.

BlackRock Throgmorton Trust Price Performance

The stock's fifty day moving average price is GBX 535.01 and its 200-day moving average price is GBX 564.18. The company has a debt-to-equity ratio of 0.00, a quick ratio of 3.68 and a current ratio of 2.75. The firm has a market cap of £467.08 million, a PE ratio of 6.08 and a beta of 1.20.

Insiders Place Their Bets

In other news, insider Angela Lane acquired 7,139 shares of the company's stock in a transaction dated Friday, April 25th. The shares were bought at an average price of GBX 527 ($7.12) per share, for a total transaction of £37,622.53 ($50,841.26). Also, insider James Will acquired 10,000 shares of the business's stock in a transaction on Thursday, February 27th. The stock was purchased at an average price of GBX 558 ($7.54) per share, for a total transaction of £55,800 ($75,405.41). 11.67% of the stock is owned by corporate insiders.

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.