BlackRock Throgmorton Trust (LON:THRG) Stock Price Passes Above 50-Day Moving Average of $583.65

BlackRock Throgmorton Trust (LON:THRG) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 583.65 ($7.33) and traded as high as GBX 594 ($7.46). BlackRock Throgmorton Trust shares last traded at GBX 586 ($7.36), with a volume of 134,352 shares changing hands.

BlackRock Throgmorton Trust Price Performance

The company has a market cap of £551.60 million, a PE ratio of -3,662.50 and a beta of 1.17. The business’s 50 day moving average price is GBX 583.65 and its 200-day moving average price is GBX 582.71. The company has a quick ratio of 3.68, a current ratio of 2.81 and a debt-to-equity ratio of 0.05.

BlackRock Throgmorton Trust Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, February 22nd were paid a dividend of GBX 11.45 ($0.14) per share. The ex-dividend date was Thursday, February 22nd. This represents a dividend yield of 1.89%. This is a positive change from BlackRock Throgmorton Trust’s previous dividend of $3.30. BlackRock Throgmorton Trust’s dividend payout ratio (DPR) is currently -9,375.00%.

About BlackRock Throgmorton Trust

BlackRock Throgmorton Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. It is managed by BlackRock Investment Management (UK) Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.