BlackRock Greater Europe (LON:BRGE) Share Price Passes Below Fifty Day Moving Average of $596.53

BlackRock Greater Europe (LON:BRGE)’s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 596.53 ($7.88) and traded as low as GBX 580 ($7.66). BlackRock Greater Europe shares last traded at GBX 587 ($7.75), with a volume of 130,307 shares changing hands.

BlackRock Greater Europe Stock Down 0.9 %

The firm has a market cap of £584.29 million, a P/E ratio of 645.05 and a beta of 1.02. The business’s fifty day moving average price is GBX 596.53 and its two-hundred day moving average price is GBX 616.69. The company has a current ratio of 0.12, a quick ratio of 2.71 and a debt-to-equity ratio of 0.04.

Insider Activity

In other BlackRock Greater Europe news, insider Sapna Shah purchased 4,000 shares of the business’s stock in a transaction dated Monday, September 2nd. The shares were acquired at an average price of GBX 599 ($7.91) per share, for a total transaction of £23,960 ($31,651.25). In other news, insider Sapna Shah bought 4,000 shares of the company’s stock in a transaction that occurred on Monday, September 2nd. The shares were purchased at an average price of GBX 599 ($7.91) per share, for a total transaction of £23,960 ($31,651.25). Also, insider Paola Subacchi bought 191 shares of the company’s stock in a transaction that occurred on Wednesday, July 17th. The stock was purchased at an average price of GBX 618 ($8.16) per share, for a total transaction of £1,180.38 ($1,559.29). 9.84% of the stock is owned by insiders.

About BlackRock Greater Europe

BlackRock Greater Europe Investment Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. It is managed by BlackRock Investment Management (UK) Limited. The fund invests in the public equity markets of Europe, excluding the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.