BlackRock Throgmorton Trust (LON:THRG) Stock Passes Above 50-Day Moving Average of $630.57

BlackRock Throgmorton Trust (LON:THRG)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 630.57 ($8.06) and traded as high as GBX 633.87 ($8.10). BlackRock Throgmorton Trust shares last traded at GBX 631 ($8.06), with a volume of 260,441 shares.

BlackRock Throgmorton Trust Stock Performance

The company has a 50 day simple moving average of GBX 630.41 and a 200 day simple moving average of GBX 608.39. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.68 and a current ratio of 2.81. The company has a market capitalization of £590.87 million, a PE ratio of -3,943.75 and a beta of 1.17.

BlackRock Throgmorton Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, August 27th. Shareholders of record on Thursday, August 1st will be paid a dividend of GBX 3.75 ($0.05) per share. The ex-dividend date is Thursday, August 1st. This represents a yield of 0.58%. 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.