BlackRock Greater Europe (LON:BRGE) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Shares of BlackRock Greater Europe (LON:BRGE) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 588.41 ($7.48) and traded as low as GBX 553 ($7.03). BlackRock Greater Europe shares last traded at GBX 556 ($7.07), with a volume of 105,114 shares trading hands.

BlackRock Greater Europe Trading Down 0.2 %

The business has a 50 day simple moving average of GBX 557.80 and a 200-day simple moving average of GBX 588.19. The stock has a market capitalization of £548.84 million, a price-to-earnings ratio of 483.48 and a beta of 1.01. The company has a debt-to-equity ratio of 8.38, a current ratio of 0.16 and a quick ratio of 2.71.

BlackRock Greater Europe Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 21st will be paid a GBX 5.25 ($0.07) dividend. This is an increase from BlackRock Greater Europe’s previous dividend of $1.75. The ex-dividend date is Thursday, November 21st. This represents a dividend yield of 0.95%. BlackRock Greater Europe’s dividend payout ratio (DPR) is currently 608.70%.

BlackRock Greater Europe Company Profile

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.