BlackRock Greater Europe (LON:BRGE) Posts Earnings Results

BlackRock Greater Europe (LON:BRGE) issued its quarterly earnings results on Tuesday. The company reported GBX 8.74 earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 1,217 million during the quarter. BlackRock Greater Europe had a net margin of 11.20% and a return on equity of 0.16%.

BlackRock Greater Europe Price Performance

Shares of LON BRGE traded down GBX 2.58 during mid-day trading on Tuesday, reaching GBX 557.42. 1,326,164 shares of the company traded hands, compared to its average volume of 251,423. BlackRock Greater Europe has a fifty-two week low of GBX 506.95 and a fifty-two week high of GBX 625. The firm has a market cap of £496.97 million, a PE ratio of 225.68 and a beta of 1.12. The stock has a fifty day simple moving average of GBX 580.39 and a 200-day simple moving average of GBX 581.04. The company has a debt-to-equity ratio of 2.08, a current ratio of 0.23 and a quick ratio of 2.71.

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.