BlackRock MIT II

Company Profile

BlackRock MIT II had its IPO on 2002-07-26 under the ticker symbol BLE.

The company operates in the Financial Services sector and Asset Management industry. BlackRock MIT II has a staff strength of 0 employees.

Stock update

Shares of BlackRock MIT II opened at $9.87 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9.79 - $9.9, and closed at $9.83.

This is a -0.3% slip from the previous day's closing price.

A total volume of 171,022 shares were traded at the close of the day’s session.

In the last one week, shares of BlackRock MIT II have slipped by -1.8%.

BlackRock MIT II's Key Ratios

BlackRock MIT II has a market cap of $495.07 million, indicating a price to book ratio of 0.8317 and a price to sales ratio of 12.2213.

In the last 12-months BlackRock MIT II’s revenue was $42.06 million with a gross profit of $42.06 million and an EBITDA of $0. The EBITDA ratio measures BlackRock MIT II's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, BlackRock MIT II’s operating margin was 84.86% while its return on assets stood at 2.47% with a return of equity of -1403.96%.

In Q1.6666666666667, BlackRock MIT II’s quarterly earnings growth was a negative -41.6% while revenue growth was a positive 87.3%.

BlackRock MIT II’s PE and PEG Ratio

Forward PE

0

Trailing PE

1015

PEG

0

Its diluted EPS in the last 12-months stands at $0.01 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 MIT II’s profitability.

BlackRock MIT II 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 12.2213.

BlackRock MIT II stock pays annual dividends of $0.689 per share, indicating a yield of 4.02% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$981.22 million

Total Liabilities

$10.15 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

BlackRock MIT II ended 2024 with $981.22 million in total assets and $0 in total liabilities. Its intangible assets were valued at $981.22 million while shareholder equity stood at $598.90 million.

BlackRock MIT II ended 2024 with $0 in deferred long-term liabilities, $10.15 million in other current liabilities, 668401778.00 in common stock, $-69500706.00 in retained earnings and $0 in goodwill. Its cash balance stood at $302282.00 and cash and short-term investments were $302282.00. The company’s total short-term debt was $0 while long-term debt stood at $0.

BlackRock MIT II’s total current assets stands at $10.85 million while long-term investments were $967.64 million and short-term investments were $0. Its net receivables were $10.55 million compared to accounts payable of $10.15 million and inventory worth $0.

In 2024, BlackRock MIT II's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, BlackRock MIT II paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$9.83

52-Week High

$11.5266

52-Week Low

$9.1724

Analyst Target Price

$

BlackRock MIT II stock is currently trading at $9.83 per share. It touched a 52-week high of $11.5266 and a 52-week low of $11.5266. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $10.17 and 200-day moving average was $10.27 The short ratio stood at 0.17 indicating a short percent outstanding of 0%.

Around 1.6% of the company’s stock are held by insiders while 2365.8% are held by institutions.