BlackRock Smaller Companies (LON:BRSC) Stock Passes Below 50 Day Moving Average – Here’s Why

BlackRock Smaller Companies (LON:BRSC)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 1,383.05 ($17.35) and traded as low as GBX 1,336 ($16.76). BlackRock Smaller Companies shares last traded at GBX 1,372 ($17.21), with a volume of 148,256 shares.

BlackRock Smaller Companies Stock Up 1.6 %

The company has a debt-to-equity ratio of 11.28, a quick ratio of 20.22 and a current ratio of 0.34. The stock’s fifty day simple moving average is GBX 1,381.83 and its two-hundred day simple moving average is GBX 1,452.20. The company has a market capitalization of £646.21 million, a price-to-earnings ratio of -2,017.65 and a beta of 1.11.

BlackRock Smaller Companies Cuts Dividend

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