BlackRock Smaller Companies (LON:BRSC) Hits New 12-Month Low – Here’s What Happened

BlackRock Smaller Companies (LON:BRSC)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 1,302 ($15.90) and last traded at GBX 1,314 ($16.04), with a volume of 17235 shares traded. The stock had previously closed at GBX 1,318 ($16.09).

BlackRock Smaller Companies Trading Down 1.7 %

The company has a debt-to-equity ratio of 11.28, a quick ratio of 20.22 and a current ratio of 0.34. The firm has a market capitalization of £614.18 million, a P/E ratio of -1,917.65 and a beta of 1.11. The firm has a 50 day simple moving average of GBX 1,366.47 and a two-hundred day simple moving average of GBX 1,443.19.

BlackRock Smaller Companies Cuts Dividend

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