BlackRock Smaller Companies (LON:BRSC) Share Price Passes Below 50 Day Moving Average of $1,459.88

BlackRock Smaller Companies (LON:BRSC) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 1,459.88 ($18.47) and traded as low as GBX 1,436 ($18.16). BlackRock Smaller Companies shares last traded at GBX 1,436 ($18.16), with a volume of 52,478 shares traded.

BlackRock Smaller Companies Price Performance

The firm has a market cap of £686.72 million, a price-to-earnings ratio of -2,155.76 and a beta of 1.07. The business’s 50 day moving average price is GBX 1,461.04 and its 200 day moving average price is GBX 1,386.32. The company has a debt-to-equity ratio of 11.28, a quick ratio of 20.22 and a current ratio of 0.34.

BlackRock Smaller Companies Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 27th. Stockholders of record on Thursday, May 23rd were paid a dividend of GBX 27 ($0.34) per share. This is a boost from BlackRock Smaller Companies’s previous dividend of $15.00. The ex-dividend date of this dividend was Thursday, May 23rd. This represents a dividend yield of 1.88%. BlackRock Smaller Companies’s dividend payout ratio (DPR) is presently -6,176.47%.

About BlackRock Smaller Companies

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.