BlackRock Greater Europe (LON:BRGE) Share Price Breaks Above 50-Day Moving Average – Here’s What Happened
by Michael Walen · The Markets DailyBlackRock Greater Europe (LON:BRGE – Get Free Report) shares crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 574.98 and traded as high as GBX 582. BlackRock Greater Europe shares last traded at GBX 576, with a volume of 800,127 shares.
BlackRock Greater Europe Price Performance
The firm has a market cap of £511.87 million, a price-to-earnings ratio of 233.60 and a beta of 1.11. The company’s fifty day moving average is GBX 574.29 and its 200 day moving average is GBX 579.70. The company has a quick ratio of 2.71, a current ratio of 0.06 and a debt-to-equity ratio of 8.27.
BlackRock Greater Europe (LON:BRGE – Get Free Report) last announced its quarterly earnings results on Tuesday, November 3rd. The company reported GBX 8.74 EPS for the quarter. BlackRock Greater Europe had a net margin of 87.03% and a return on equity of 8.00%. The firm had revenue of GBX 1,217 million during the quarter.
Insider Transactions at BlackRock Greater Europe
In other news, insider Ian Sayers purchased 6,000 shares of BlackRock Greater Europe stock in a transaction that occurred on Tuesday, November 3rd. The stock was acquired at an average cost of GBX 554 per share, for a total transaction of £33,240. 0.19% of the stock is owned by company insiders.
About BlackRock Greater Europe
The Company aims to provide capital growth, primarily through investment in a focused portfolio constructed from a combination of the securities of large, mid and small capitalisation European companies, together with some investment in the developing markets of Europe.