BlackRock Income and Growth (LON:BRIG) Shares Up 2% – Here’s Why

BlackRock Income and Growth (LON:BRIGGet Free Report) shot up 2% during trading on Wednesday . The stock traded as high as GBX 237.34 and last traded at GBX 237.10. 13,290 shares changed hands during mid-day trading, an increase of 24% from the average session volume of 10,722 shares. The stock had previously closed at GBX 232.50.

BlackRock Income and Growth Price Performance

The firm’s 50 day moving average is GBX 227.75 and its 200 day moving average is GBX 222.45. The company has a market capitalization of £44.23 million, a PE ratio of 7.85 and a beta of 0.64.

BlackRock Income and Growth (LON:BRIGGet Free Report) last issued its earnings results on Wednesday, January 28th. The company reported GBX 7.23 EPS for the quarter. BlackRock Income and Growth had a net margin of 87.10% and a return on equity of 13.03%.

BlackRock Income and Growth Company Profile

(Get Free Report)

The Company aims to provide growth in capital and income over the long term through investment in a diversified portfolio of principally UK listed equities.

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