BlackRock has been somewhat immune to the crisis with its shares rising 2.32% to $698.69 at 12:13 EST on Tuesday, following yesterday’s upward trend. The New York Stock Exchange is rising 1.49% to $14,206.20, following yesterday’s upward trend, on what as yet seems, an all-around positive trend trading session today.
According to yesterday’s article on Bloomberg Quint, “BlackRock Says Buy U.S”
According to yesterday’s article on Bloomberg Quint, “European Stocks Retreat as BlackRock Cuts on Virus Restrictions.”
BlackRock to buy equity-index provider aperio for $1 billion. According to yesterday’s article on The Wall Street Journal, “BlackRock has agreed to acquire equity-index provider Aperiol, as the company looks to add more personalization to its wealth management offerings..”
BlackRock’s last close was $682.87, under its 52-week high of $696.00.
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 $698.69 at 12:13 EST, above its 52-week high of $696.00.
BlackRock’s value is higher than its 50-day moving average of $638.37 and way higher than its 200-day moving average of $577.51.