BlackRock Frontiers (LON:BRFI) Hits New 12-Month High After Dividend Announcement

BlackRock Frontiers (LON:BRFIGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday following a dividend announcement from the company. The stock traded as high as GBX 179 and last traded at GBX 177, with a volume of 658258 shares changing hands. The stock had previously closed at GBX 176.50.

BlackRock Frontiers Stock Up 0.3%

The stock has a market capitalization of £335.95 million, a PE ratio of 20.45 and a beta of 0.66. The firm’s fifty day moving average price is GBX 172.75 and its two-hundred day moving average price is GBX 166.22.

Insider Buying and Selling

In other BlackRock Frontiers news, insider Liz Airey sold 25,000 shares of the business’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of GBX 173, for a total transaction of £43,250. Company insiders own 0.42% of the company’s stock.

About BlackRock Frontiers

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The Company’s investment objective is to achieve long term capital growth by investing in companies domiciled or listed in, or exercising the predominant part of their economic activity in, less developed countries. These countries (the “Frontiers Universe”) are any country which is neither part of the MSCI World Index of developed markets nor one of the eight largest countries by market capitalisation in the MSCI Emerging Markets Index as at 1 April 2018: being Brazil, China, India, Korea, Mexico, Russia, South Africa, and Taiwan.

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