BlackRock Latin American (LON:BRLA) Reaches New 52-Week High on Insider Buying Activity

BlackRock Latin American (LON:BRLAGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday after an insider bought additional shares in the company. The stock traded as high as GBX 399 and last traded at GBX 394, with a volume of 31678 shares traded. The stock had previously closed at GBX 399.

Specifically, insider Craig Cleland bought 3,000 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were acquired at an average cost of GBX 399 per share, for a total transaction of £11,970.

BlackRock Latin American Stock Performance

The company has a quick ratio of 0.09, a current ratio of 0.16 and a debt-to-equity ratio of 12.88. The company has a market cap of £116.03 million, a P/E ratio of 5.47 and a beta of 0.96. The stock has a 50 day moving average price of GBX 370.40 and a two-hundred day moving average price of GBX 355.77.

About BlackRock Latin American

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The Company aims to secure long-term capital growth and an attractive total return primarily through investing in quoted securities in Latin America.

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