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

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.

Shares of BlackRock Throgmorton Trust (LON:THRG - Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 594.12 ($8.01) and traded as low as GBX 593 ($8.00). BlackRock Throgmorton Trust shares last traded at GBX 593 ($8.00), with a volume of 106,959 shares traded.

BlackRock Throgmorton Trust Stock Performance

The company has a market capitalization of £483.33 million, a price-to-earnings ratio of 6.29 and a beta of 1.20. The company has a 50 day moving average price of GBX 594.12 and a 200 day moving average price of GBX 566.17. The company has a debt-to-equity ratio of 0.00, a quick ratio of 3.68 and a current ratio of 2.75.

BlackRock Throgmorton Trust (LON:THRG - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The investment trust reported GBX 8.44 earnings per share (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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