NYSE
BKN

BlackRock Investment Quality Municipal Closed Fund

Asset Management
Financial Services

Prices are adjusted according to historical splits.

BlackRock Investment Quality Municipal Closed Fund Stock Price

Vitals

Today's Low:
$10.72
Today's High:
$10.8
Open Price:
$10.73
52W Low:
$10.479
52W High:
$15.7661
Prev. Close:
$10.77
Volume:
96576

Company Statistics

Market Cap.:
$200.86 million
Book Value:
13.448
Revenue TTM:
$16.96 million
Operating Margin TTM:
84.93%
Gross Profit TTM:
$16.96 million
Profit Margin:
-213.54%
Return on Assets TTM:
2.03%
Return on Equity TTM:
-13.8%

Company Profile

BlackRock Investment Quality Municipal Closed Fund had its IPO on 1993-02-23 under the ticker symbol BKN.

The company operates in the Financial Services sector and Asset Management industry. BlackRock Investment Quality Municipal Closed Fund has a staff strength of 0 employees.

Stock update

Shares of BlackRock Investment Quality Municipal Closed Fund opened at $10.73 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.72 - $10.8, and closed at $10.72.

This is a -0.46% slip from the previous day's closing price.

A total volume of 96,576 shares were traded at the close of the day’s session.

In the last one week, shares of BlackRock Investment Quality Municipal Closed Fund have slipped by -1.83%.

BlackRock Investment Quality Municipal Closed Fund's Key Ratios

BlackRock Investment Quality Municipal Closed Fund has a market cap of $200.86 million, indicating a price to book ratio of 0.888 and a price to sales ratio of 12.3142.

In the last 12-months BlackRock Investment Quality Municipal Closed Fund’s revenue was $16.96 million with a gross profit of $16.96 million and an EBITDA of $0. The EBITDA ratio measures BlackRock Investment Quality Municipal Closed Fund's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, BlackRock Investment Quality Municipal Closed Fund’s operating margin was 84.93% while its return on assets stood at 2.03% with a return of equity of -13.8%.

In Q2.3333333333333, BlackRock Investment Quality Municipal Closed Fund’s quarterly earnings growth was a positive 69.1% while revenue growth was a negative 6.7%.

BlackRock Investment Quality Municipal Closed Fund’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG
0

Its diluted EPS in the last 12-months stands at $-2.1 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into BlackRock Investment Quality Municipal Closed Fund’s profitability.

BlackRock Investment Quality Municipal Closed Fund stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 12.3142.

BlackRock Investment Quality Municipal Closed Fund stock pays annual dividends of $0.816 per share, indicating a yield of 4.18% and a payout ratio of 83.16%.

Balance sheet and cash flow metrics

Total Assets
$386.22 million
Total Liabilities
$5.38 million
Operating Cash Flow
$0
Capital Expenditure
$0
Dividend Payout Ratio
83.16%

BlackRock Investment Quality Municipal Closed Fund ended 2024 with $386.22 million in total assets and $0 in total liabilities. Its intangible assets were valued at $386.22 million while shareholder equity stood at $236.95 million.

BlackRock Investment Quality Municipal Closed Fund ended 2024 with $0 in deferred long-term liabilities, $5.38 million in other current liabilities, 244783688.00 in common stock, $-7835886.00 in retained earnings and $0 in goodwill. Its cash balance stood at $85769.00 and cash and short-term investments were $85769.00. The company’s total short-term debt was $0 while long-term debt stood at $0.

BlackRock Investment Quality Municipal Closed Fund’s total current assets stands at $4.33 million while long-term investments were $381.11 million and short-term investments were $0. Its net receivables were $4.25 million compared to accounts payable of $5.38 million and inventory worth $0.

In 2024, BlackRock Investment Quality Municipal Closed Fund's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, BlackRock Investment Quality Municipal Closed Fund paid $0.83 in dividends in 2024.

Other key metrics

Current Trading Price
$10.72
52-Week High
$15.7661
52-Week Low
$10.479
Analyst Target Price
$

BlackRock Investment Quality Municipal Closed Fund stock is currently trading at $10.72 per share. It touched a 52-week high of $15.7661 and a 52-week low of $15.7661. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $11.32 and 200-day moving average was $11.57 The short ratio stood at 0.08 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 1803.7% are held by institutions.

Frequently Asked Questions About BlackRock Investment Quality Municipal Closed Fund

The stock symbol (also called stock or share ticker) of BlackRock Investment Quality Municipal Closed Fund is BKN

The IPO of BlackRock Investment Quality Municipal Closed Fund took place on 1993-02-23

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About

BlackRock Investment Quality Municipal Trust Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes. Blackrock Investment Quality Municipal Trust Inc. was formed on February 28, 1993 and is domiciled in United States.

Address

55 East 52nd Street, New York, NY, United States, 10055