BlackRock Smaller Companies (LON:BRSC) Stock Crosses Below 50 Day Moving Average – Here’s Why

BlackRock Smaller Companies (LON:BRSC)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,437.49 ($18.71) and traded as low as GBX 1,390 ($18.09). BlackRock Smaller Companies shares last traded at GBX 1,394 ($18.15), with a volume of 111,643 shares trading hands.

BlackRock Smaller Companies Price Performance

The company has a quick ratio of 20.22, a current ratio of 0.34 and a debt-to-equity ratio of 11.28. The stock has a market cap of £656.57 million, a P/E ratio of -2,050.00 and a beta of 1.11. The company’s 50 day moving average price is GBX 1,437.49 and its 200-day moving average price is GBX 1,472.88.

BlackRock Smaller Companies Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Thursday, October 31st will be given a dividend of GBX 15.50 ($0.20) per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a dividend yield of 1.09%. 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.