BlackRock Smaller Companies (LON:BRSC) Hits New 1-Year Low - Here's What Happened

Shares of BlackRock Smaller Companies (LON:BRSC - Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 1,302 ($16.02) and last traded at GBX 1,314 ($16.17), with a volume of 17235 shares traded. The stock had previously closed at GBX 1,318 ($16.22).

BlackRock Smaller Companies Stock Performance

The stock has a market capitalization of £624.55 million, a price-to-earnings ratio of -1,950.00 and a beta of 1.11. The company's fifty day simple moving average is GBX 1,370.86 and its 200 day simple moving average is GBX 1,445.13. The company has a quick ratio of 20.22, a current ratio of 0.34 and a debt-to-equity ratio of 11.28.

BlackRock Smaller Companies Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, December 4th. Shareholders of record on Thursday, October 31st were issued a GBX 15.50 ($0.19) dividend. The ex-dividend date was Thursday, October 31st. This represents a yield of 1.09%. BlackRock Smaller Companies's dividend payout ratio is currently -6,176.47%.

BlackRock Smaller Companies Company Profile

BlackRock Smaller Companies Trust plc is a closed ended equity mutual fund launched by BlackRock Fund Managers Limited. The fund is managed by BlackRock Investment Managers (UK) Limited. It invests in public equity markets of the United Kingdom. The fund seeks to invest in the stocks of companies operating across diversified sectors including support services, software and computer services, media and entertainment, construction and building materials, leisure and hotels, general retailers, mining, oil and gas, specialty and other finance, and information technology hardware.