BlackRock Greater Europe (LON:BRGE) Share Price Passes Below Fifty Day Moving Average of $596.53

BlackRock Greater Europe (LON:BRGE) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 596.53 ($7.88) and traded as low as GBX 580 ($7.66). BlackRock Greater Europe shares last traded at GBX 587 ($7.75), with a volume of 130,307 shares traded.

BlackRock Greater Europe Stock Down 0.9 %

The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.71 and a current ratio of 0.12. The company has a market capitalization of £584.29 million, a price-to-earnings ratio of 645.05 and a beta of 1.02. The firm’s 50-day simple moving average is GBX 596.53 and its 200-day simple moving average is GBX 616.69.

Insiders Place Their Bets

In related news, insider Sapna Shah purchased 4,000 shares of the firm’s stock in a transaction on Monday, September 2nd. The shares were bought at an average cost of GBX 599 ($7.91) per share, for a total transaction of £23,960 ($31,651.25). In other BlackRock Greater Europe news, insider Paola Subacchi bought 191 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The shares were acquired at an average cost of GBX 618 ($8.16) per share, for a total transaction of £1,180.38 ($1,559.29). Also, insider Sapna Shah bought 4,000 shares of the firm’s stock in a transaction dated Monday, September 2nd. The shares were acquired at an average price of GBX 599 ($7.91) per share, for a total transaction of £23,960 ($31,651.25). Company insiders own 9.84% of the company’s stock.

BlackRock Greater Europe Company Profile

BlackRock Greater Europe Investment 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 Europe, excluding the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.