BlackRock Throgmorton Trust (LON:THRG) Shares Cross Below 50 Day Moving Average – Time to Sell?

Shares of BlackRock Throgmorton Trust (LON:THRG) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 544.34 ($7.21) and traded as low as GBX 496.31 ($6.57). BlackRock Throgmorton Trust shares last traded at GBX 500 ($6.62), with a volume of 239,213 shares trading hands.

BlackRock Throgmorton Trust Stock Performance

The stock has a market capitalization of £418.44 million, a price-to-earnings ratio of 5.45 and a beta of 1.20. The company has a quick ratio of 3.68, a current ratio of 2.75 and a debt-to-equity ratio of 0.00. The stock’s 50-day simple moving average is GBX 540.95 and its 200 day simple moving average is GBX 573.50.

BlackRock Throgmorton Trust (LON:THRG) last issued its quarterly earnings data on Thursday, February 20th. The investment trust reported GBX 18.54 ($0.25) 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%.

Insider Activity at BlackRock Throgmorton Trust

In other news, insider James Will acquired 10,000 shares of the firm’s stock in a transaction dated Thursday, February 27th. The stock was bought at an average cost of GBX 558 ($7.39) per share, for a total transaction of £55,800 ($73,858.37). 11.67% of the stock is currently owned by corporate insiders.

About BlackRock Throgmorton Trust

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.