BlackRock Throgmorton Trust (LON:THRG) Share Price Passes Below Fifty Day Moving Average - Should You Sell?

Key Points

• BlackRock Throgmorton Trust (LON:THRG) shares have fallen below their 50-day moving average, indicating potential selling pressure with last traded price at GBX 595 ($7.99).
• The trust reported a **price-to-earnings ratio** of -1,317.77 and a **net margin** of 92.84%, highlighting significant challenges and profitability impacts.
• Despite recent struggles, the company aims to provide shareholders with long-term capital growth through investments primarily in UK smaller and mid-cap companies.

BlackRock Throgmorton Trust (LON:THRG - Get Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 591.81 ($7.95) and traded as low as GBX 581.45 ($7.81). BlackRock Throgmorton Trust shares last traded at GBX 595 ($7.99), with a volume of 210,859 shares trading hands.

BlackRock Throgmorton Trust Trading Down 0.1%

The company has a market cap of £453.26 million, a price-to-earnings ratio of -1,317.77 and a beta of 1.20. The firm has a 50-day moving average price of GBX 591.81 and a 200 day moving average price of GBX 569.58. The company has a current ratio of 2.75, a quick ratio of 3.68 and a debt-to-equity ratio of 0.00.

BlackRock Throgmorton Trust (LON:THRG - Get Free Report) last issued its earnings results on Monday, August 4th. The investment trust reported GBX 8.44 EPS for the quarter. BlackRock Throgmorton Trust had a return on equity of 14.49% and a net margin of 92.84%.

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.

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