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BlackRock Stock Rises On Monday, Outperforms Market

Via News Editorial Team

November 23, 2020

BlackRock Stock Rises On Monday, Outperforms Market

BlackRock has been somewhat immune to the crisis with its shares jumping 2.1% to $686.83 at 10:12 EST on Monday, after two successive sessions in a row of gains. The New York Stock Exchange is dropping 0.26% to $13,827.00, following yesterday's downward trend, on what at the moment seems, a somewhat negative trend trading session on today.

BlackRock's last close was $673.48, below its 52-week high of $692.73.

BlackRock's sales growth is 5% for the present quarter and 7.7% for the next. The company's growth estimates for the ongoing quarter and the next is 1% and 18.6%, respectively.

Year-on-year quarterly revenue growth grew by 18.3%, now sitting on 15.7B for the twelve trailing months.

BlackRock's stock is valued at $686.83 at 10:12 EST, under its 52-week high of $692.73 and way higher than its 52-week low of $323.98.

BlackRock's worth is above its 50-day moving average of $632.33 and way above its 200-day moving average of $573.52.