BlackRock Smaller Companies (LON:BRSC) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

BlackRock Smaller Companies (LON:BRSC) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1,286.93 and traded as low as GBX 1,284. BlackRock Smaller Companies shares last traded at GBX 1,306, with a volume of 82,996 shares changing hands.

BlackRock Smaller Companies Stock Up 2.2%

The business’s fifty day moving average is GBX 1,291.13 and its two-hundred day moving average is GBX 1,308.01. The company has a market cap of £803.95 million, a P/E ratio of 9.14 and a beta of 1.35. The company has a debt-to-equity ratio of 11.56, a quick ratio of 20.22 and a current ratio of 163.26.

BlackRock Smaller Companies (LON:BRSC) last announced its quarterly earnings data on Monday, May 18th. The company reported GBX 43.77 earnings per share for the quarter. BlackRock Smaller Companies had a net margin of 89.65% and a return on equity of 10.11%. The company had revenue of GBX 2,080 million during the quarter.

Insiders Place Their Bets

In related news, insider Louise Nash acquired 2,472 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The stock was bought at an average price of GBX 1,273 per share, for a total transaction of £31,468.56. 0.47% of the stock is owned by insiders.

About BlackRock Smaller Companies

The Company aims to achieve long-term capital growth for shareholders through investment mainly in smaller UK quoted companies.