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After finishing at $6.85 in the prior trading day, BlackRock Technology and Private Equity Term Trust (NYSE: BTX) closed at $6.71, down -2.04%. In other words, the price has decreased by -$2.04 from its previous closing price. On the day, 1.77 million shares were traded. BTX stock price reached its highest trading level at $6.81 during the session, while it also had its lowest trading level at $6.64.
Ratios:
Our goal is to gain a better understanding of BTX by taking a closer look at its different ratios.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 07 ’25 when Saba Capital Management, L.P. bought 59,630 shares for $7.69 per share. The transaction valued at 458,555 led to the insider holds 60,675,395 shares of the business.
Saba Capital Management, L.P. bought 282,123 shares of BTX for $2,177,990 on Jan 06 ’25. The 10% Owner now owns 60,615,765 shares after completing the transaction at $7.72 per share. On Jan 02 ’25, another insider, Saba Capital Management, L.P., who serves as the 10% Owner of the company, bought 106,617 shares for $7.46 each. As a result, the insider paid 795,363 and bolstered with 60,262,743 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTX now has a Market Capitalization of 799465536. As of this moment, BlackRock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.92.
Stock Price History:
The Beta on a monthly basis for BTX is 1.34, which has changed by -0.117105246 over the last 52 weeks, in comparison to a change of 0.15101504 over the same period for the S&P500. Over the past 52 weeks, BTX has reached a high of $8.31, while it has fallen to a 52-week low of $5.10. The 50-Day Moving Average of the stock is -6.24%, while the 200-Day Moving Average is calculated to be -5.77%.
Shares Statistics:
The stock has traded on average 669.98K shares per day over the past 3-months and 829150 shares per day over the last 10 days, according to various share statistics. A total of 213.34M shares are outstanding, with a floating share count of 213.30M. Shares short for BTX as of 1756425600 were 1130727 with a Short Ratio of 0.39, compared to 1753920000 on 1093363.
