BlackRock Throgmorton Trust (LON:THRG) Shares Pass Below 200 Day Moving Average – Should You Sell?

Shares of BlackRock Throgmorton Trust (LON:THRG) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 581.81 ($7.51) and traded as low as GBX 483 ($6.23). BlackRock Throgmorton Trust shares last traded at GBX 485.66 ($6.26), with a volume of 600,280 shares.

BlackRock Throgmorton Trust Trading Down 5.5 %

The firm has a fifty day moving average of GBX 562.05 and a two-hundred day moving average of GBX 581.81. The company has a market cap of £395.18 million, a PE ratio of 5.15 and a beta of 1.20. The company has a current ratio of 2.75, a quick ratio of 3.68 and a debt-to-equity ratio of 0.00.

BlackRock Throgmorton Trust (LON:THRG) last posted its earnings results on Thursday, February 20th. The investment trust reported GBX 18.54 ($0.24) earnings per share 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 related news, insider James Will purchased 10,000 shares of the firm’s stock in a transaction dated Thursday, February 27th. The shares were purchased at an average cost of GBX 558 ($7.20) per share, for a total transaction of £55,800 ($71,981.42). 11.67% of the stock is owned by company insiders.

BlackRock Throgmorton Trust Company Profile

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.