BlackRock Throgmorton Trust (LON:THRG) Share Price Passes Above Fifty Day Moving Average - Time to Sell?

Key Points

• BlackRock Throgmorton Trust's stock price has crossed above its 50-day moving average of GBX 590.87, reaching a high of GBX 601 during trading.
• The company reported a return on equity of 14.49% and a net margin of 92.84% in its most recent earnings, with earnings per share at GBX 8.44.
• BlackRock Throgmorton Trust primarily invests in UK smaller and mid-cap companies with the goal of achieving long-term capital growth for shareholders.

BlackRock Throgmorton Trust (LON:THRG - Get Free Report)'s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 590.87 ($7.94) and traded as high as GBX 601 ($8.07). BlackRock Throgmorton Trust shares last traded at GBX 599.85 ($8.06), with a volume of 120,112 shares traded.

BlackRock Throgmorton Trust Price Performance

The stock has a market cap of £488.10 million, a P/E ratio of 6.35 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 business has a 50 day simple moving average of GBX 591.29 and a 200-day simple moving average of GBX 565.74.

BlackRock Throgmorton Trust (LON:THRG - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The investment trust reported GBX 8.44 ($0.11) 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.