BlackRock Smaller Companies (LON:BRSC) Sets New 12-Month Low – Here’s Why

BlackRock Smaller Companies (LON:BRSC)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 1,302 ($16.09) and last traded at GBX 1,314 ($16.24), with a volume of 17235 shares. The stock had previously closed at GBX 1,318 ($16.29).

BlackRock Smaller Companies Stock Down 0.2 %

The company has a current ratio of 0.34, a quick ratio of 20.22 and a debt-to-equity ratio of 11.28. The firm has a market cap of £619.23 million, a price-to-earnings ratio of -1,933.41 and a beta of 1.11. The firm’s 50 day simple moving average is GBX 1,372.57 and its two-hundred day simple moving average is GBX 1,446.21.

BlackRock Smaller Companies Cuts Dividend

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