BlackRock Throgmorton Trust (LON:THRG) Shares Cross Above 50-Day Moving Average – Here’s Why

BlackRock Throgmorton Trust (LON:THRGGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 595.84 ($7.52) and traded as high as GBX 601 ($7.59). BlackRock Throgmorton Trust shares last traded at GBX 596 ($7.52), with a volume of 250,328 shares trading hands.

BlackRock Throgmorton Trust Price Performance

The firm’s 50 day moving average is GBX 595.84 and its 200 day moving average is GBX 615.72. The firm has a market cap of £526.98 million, a P/E ratio of 627.37 and a beta of 1.20.

Insider Buying and Selling at BlackRock Throgmorton Trust

In other news, insider Louise Nash acquired 1,600 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The stock was bought at an average cost of GBX 604 ($7.62) per share, for a total transaction of £9,664 ($12,197.40). 11.67% of the stock is owned by company insiders.

BlackRock Throgmorton Trust Company Profile

(Get Free Report)

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.

Further Reading

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