BlackRock Floating Rate Income Trust (BGT)
Invests in short-term corporate bonds that adjust interest rates with market conditions.
$10.80-0.01%Financial Services
StockGlow Score
Leaning Bearish
BearishBullish
1 year ago-14.9%
The outlook
BGT is trading near the lower end of its 52-week range, sitting about a quarter of the way up from its low. The stock shows a mixed technical picture relative to its moving averages, and analyst sentiment leans bearish overall. At a trailing P/E of 15.2, the valuation sits at a moderate level for the trust.
What’s behind the score
Price trendMixed vs its moving averages
52-week range23% of the way from its 52-week low to high
Market cap
$322.1M
52-wk high
$12.75
52-wk low
$10.22
50-day avg
$10.72
200-day avg
$11.13
Trailing P/E
15.2