BlackRock Greater Europe (LON:BRGE - Get Free Report)'s share price fell 1.1% during mid-day trading on Wednesday . The stock traded as low as GBX 535 ($6.79) and last traded at GBX 540 ($6.85). 284,559 shares traded hands during trading, an increase of 98% from the average session volume of 143,608 shares. The stock had previously closed at GBX 546 ($6.93).
BlackRock Greater Europe Trading Up 1.1 %
The stock has a market cap of £539.94 million, a price-to-earnings ratio of 474.78 and a beta of 1.01. The business's 50 day moving average is GBX 565.29 and its 200 day moving average is GBX 594.18. The company has a debt-to-equity ratio of 8.38, a current ratio of 0.16 and a quick ratio of 2.71.
BlackRock Greater Europe Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, November 21st will be given a dividend of GBX 5.25 ($0.07) per share. This represents a dividend yield of 0.95%. The ex-dividend date is Thursday, November 21st. This is an increase from BlackRock Greater Europe's previous dividend of $1.75. BlackRock Greater Europe's payout ratio is currently 608.70%.
Insider Buying and Selling
In other news, insider Sapna Shah purchased 4,000 shares of the business's stock in a transaction on Monday, September 2nd. The shares were bought at an average price of GBX 599 ($7.60) per share, with a total value of £23,960 ($30,413.81). 3.42% of the stock is owned by company insiders.
About BlackRock Greater Europe
(
Get Free Report)
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.
Read More
Before you consider BlackRock Greater Europe, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock Greater Europe wasn't on the list.
While BlackRock Greater Europe currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
