BlackRock Throgmorton Trust (LON:THRG) Share Price Passes Below Fifty Day Moving Average - Here's What Happened

Key Points

• BlackRock Throgmorton Trust shares fell below their 50-day moving average of GBX 594.12, trading at GBX 593 ($8.00) on Tuesday.
• The trust has a market capitalization of £483.33 million and reported earnings of GBX 8.44 per share for the last quarter, indicating a return on equity of 14.49%.
• BlackRock Throgmorton Trust focuses on long-term capital growth by investing mainly in UK smaller companies and mid-cap firms listed on the London Stock Exchange.

BlackRock Throgmorton Trust (LON:THRG - Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 594.12 ($8.05) and traded as low as GBX 593 ($8.03). BlackRock Throgmorton Trust shares last traded at GBX 593 ($8.03), with a volume of 106,959 shares changing hands.

BlackRock Throgmorton Trust Stock Performance

The stock has a market cap of £450.63 million, a price-to-earnings ratio of -1,305.41 and a beta of 1.20. The stock's fifty day moving average is GBX 595.22 and its 200-day moving average is GBX 565.89. 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 (LON:THRG - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The investment trust reported GBX 8.44 earnings per share (EPS) for the quarter. BlackRock Throgmorton Trust had a net margin of 92.84% and a return on equity of 14.49%.

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.