BlackRock Income and Growth (LON:BRIG) Trading 4.5% Higher – Should You Buy?

BlackRock Income and Growth (LON:BRIGGet Free Report)’s stock price rose 4.5% on Wednesday . The stock traded as high as GBX 197 ($2.44) and last traded at GBX 197 ($2.44). Approximately 111,428 shares were traded during mid-day trading, an increase of 267% from the average daily volume of 30,349 shares. The stock had previously closed at GBX 188.50 ($2.33).

BlackRock Income and Growth Stock Performance

The company has a quick ratio of 0.88, a current ratio of 0.47 and a debt-to-equity ratio of 9.13. The stock’s fifty day moving average is GBX 197.35 and its two-hundred day moving average is GBX 197.57. The firm has a market capitalization of £39.01 million, a price-to-earnings ratio of 2,188.89 and a beta of 0.61.

About BlackRock Income and Growth

(Get Free Report)

BlackRock Income and Growth 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 the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.

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