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BlackRock Throgmorton Trust (LON:THRG) Share Price Crosses Above 50 Day Moving Average - Time to Sell?

BlackRock Throgmorton Trust logo with Financial Services background

BlackRock Throgmorton Trust (LON:THRG - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 595.84 ($7.52) and traded as high as GBX 601 ($7.59). BlackRock Throgmorton Trust shares last traded at GBX 596 ($7.52), with a volume of 250,328 shares changing hands.

BlackRock Throgmorton Trust Trading Down 0.7 %

The stock's 50-day moving average price is GBX 595.84 and its 200-day moving average price is GBX 615.72. The company has a market cap of £526.98 million, a P/E ratio of 627.37 and a beta of 1.20.

Insiders Place Their Bets

In related news, insider Louise Nash purchased 1,600 shares of the business's stock in a transaction on Thursday, October 17th. The stock was acquired at an average price of GBX 604 ($7.62) per share, for a total transaction of £9,664 ($12,197.40). Corporate insiders own 11.67% of the company's stock.

About BlackRock Throgmorton Trust

(Get Free Report)

BlackRock Throgmorton 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 the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.

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