BlackRock Frontiers (LON:BRFI) Insider Acquires £26,850 in Stock

Key Points

  • Insider Hatem Dowidar bought 15,000 BlackRock Frontiers shares on November 5 at GBX 179 each, for a total of £26,850.
  • The stock opened at GBX 175; it has traded between GBX 166.50 and GBX 207 over the past 52 weeks and has a market capitalization of £289.20 million.
  • BlackRock Frontiers seeks long-term capital growth by investing in companies linked to less-developed “frontier” countries.

BlackRock Frontiers (LON:BRFI - Get Free Report) insider Hatem Dowidar bought 15,000 shares of the business's stock in a transaction dated Thursday, November 5th. The shares were acquired at an average cost of GBX 179 per share, for a total transaction of £26,850.

BlackRock Frontiers Stock Performance

LON:BRFI opened at GBX 175 on Friday. The company has a quick ratio of 0.66, a current ratio of 24,380.92 and a debt-to-equity ratio of 0.00. The stock has a market cap of £289.20 million, a PE ratio of 4.19 and a beta of 0.83. BlackRock Frontiers has a fifty-two week low of GBX 166.50 and a fifty-two week high of GBX 207. The firm's fifty day simple moving average is GBX 186.71 and its 200-day simple moving average is GBX 188.32.

BlackRock Frontiers Company Profile

(Get Free Report)

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.

Further Reading

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