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

BlackRock Throgmorton Trust (LON:THRG - Get Free Report) shares crossed 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.

BlackRock Throgmorton Trust Stock Performance

The stock has a market capitalization of £466.58 million, a PE ratio of 6.07 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. The firm's 50 day moving average is GBX 535.45 and its two-hundred day moving average is GBX 564.25.

Insider Transactions at BlackRock Throgmorton Trust

In other news, insider James Will bought 10,000 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The shares were purchased at an average cost of GBX 558 ($7.54) per share, for a total transaction of £55,800 ($75,405.41). Also, insider Angela Lane bought 7,139 shares of BlackRock Throgmorton Trust stock in a transaction that occurred on Friday, April 25th. The stock was purchased at an average cost of GBX 527 ($7.12) per share, for a total transaction of £37,622.53 ($50,841.26). Corporate 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.