BlackRock Frontiers (LON:BRFI) Sets New 1-Year High Following Dividend Announcement

BlackRock Frontiers (LON:BRFI) shares reached a new 52-week high during mid-day trading on Monday after the company announced a dividend. The stock traded as high as GBX 179 and last traded at GBX 177, with a volume of 658258 shares traded. The stock had previously closed at GBX 176.50.

BlackRock Frontiers Stock Performance

The stock’s fifty day moving average price is GBX 172.37 and its 200-day moving average price is GBX 165.93. The company has a market capitalization of £335.01 million, a P/E ratio of 20.39 and a beta of 0.66.

Insider Transactions at BlackRock Frontiers

In other BlackRock Frontiers news, insider Liz Airey sold 140,000 shares of the company’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of GBX 172, for a total value of £240,800. 0.42% of the stock is currently owned by corporate insiders.

About BlackRock Frontiers

The Company’s investment objective is to achieve long term capital growth by investing in companies domiciled or listed in, or exercising the predominant part of their economic activity in, less developed countries. These countries (the “Frontiers Universe”) are any country which is neither part of the MSCI World Index of developed markets nor one of the eight largest countries by market capitalisation in the MSCI Emerging Markets Index as at 1 April 2018: being Brazil, China, India, Korea, Mexico, Russia, South Africa, and Taiwan.