BlackRock Smaller Companies (LON:BRSC) Reaches New 1-Year Low – What’s Next?

BlackRock Smaller Companies (LON:BRSC) shares hit a new 52-week low on Thursday . The stock traded as low as GBX 1,302 ($16.09) and last traded at GBX 1,314 ($16.24), with a volume of 17235 shares trading hands. The stock had previously closed at GBX 1,318 ($16.29).

BlackRock Smaller Companies Price Performance

The company’s 50-day moving average price is GBX 1,372.57 and its two-hundred day moving average price is GBX 1,446.21. The company has a debt-to-equity ratio of 11.28, a current ratio of 0.34 and a quick ratio of 20.22. The company has a market capitalization of £619.23 million, a P/E ratio of -1,933.41 and a beta of 1.11.

BlackRock Smaller Companies Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, December 4th. Shareholders of record on Thursday, October 31st were given a dividend of GBX 15.50 ($0.19) per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a yield of 1.09%. BlackRock Smaller Companies’s dividend payout ratio (DPR) is presently -6,176.47%.

BlackRock Smaller Companies Company Profile

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.