BlackRock Greater Europe (LON:BRGE) Trading Down 0.5%

BlackRock Greater Europe (LON:BRGE)’s stock price traded down 0.5% during mid-day trading on Thursday . The stock traded as low as GBX 615.25 ($7.80) and last traded at GBX 616 ($7.81). 247,762 shares were traded during trading, an increase of 98% from the average session volume of 124,951 shares. The stock had previously closed at GBX 619 ($7.85).

BlackRock Greater Europe Stock Down 0.3 %

The company has a debt-to-equity ratio of 0.04, a current ratio of 0.12 and a quick ratio of 2.71. The company has a 50-day simple moving average of GBX 623.20 and a 200-day simple moving average of GBX 604.67. The firm has a market cap of £616.89 million, a PE ratio of 674.73 and a beta of 1.02.

BlackRock Greater Europe Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 19th. Investors of record on Thursday, May 23rd were issued a dividend of GBX 1.75 ($0.02) per share. This represents a yield of 0.29%. The ex-dividend date of this dividend was Thursday, May 23rd. BlackRock Greater Europe’s payout ratio is currently 769.23%.

Insider Buying and Selling at BlackRock Greater Europe

In related news, insider Paola Subacchi bought 391 shares of the stock in a transaction dated Friday, May 3rd. The stock was purchased at an average cost of GBX 610 ($7.74) per share, with a total value of £2,385.10 ($3,025.62). 9.84% of the stock is currently owned by corporate insiders.

About BlackRock Greater Europe

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.