BlackRock Smaller Companies (LON:BRSC) Hits New 1-Year Low – Here’s Why

BlackRock Smaller Companies (LON:BRSC)’s stock price hit a new 52-week low on Thursday . The company traded as low as GBX 1,302 ($15.90) and last traded at GBX 1,314 ($16.04), with a volume of 17235 shares trading hands. The stock had previously closed at GBX 1,318 ($16.09).

BlackRock Smaller Companies Stock Down 1.7 %

The stock has a market capitalization of £614.18 million, a price-to-earnings ratio of -1,917.65 and a beta of 1.11. The firm has a 50 day simple moving average of GBX 1,366.47 and a 200-day simple moving average of GBX 1,443.19. The company has a debt-to-equity ratio of 11.28, a current ratio of 0.34 and a quick ratio of 20.22.

BlackRock Smaller Companies Cuts Dividend

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