BST Stock Summary and Trading Ideas (Blackrock Science & Tech Trust | NYSE:BST)

BlackRock Science and Technology Trust’s (BST) (the “Trust”) investment objective is to provide income and total return through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in equity securities of science and technology companies and equity derivatives with exposure to companies in the science and technology industries. The Trust may invest directly in such securities or synthetically through the use of derivatives. The Trust seeks to pursue this goal primarily by investing in a portfolio of equity securities and utilizing an option over-writing strategy in an effort to seek total return performance and enhance distributions.

Blackrock Science & Tech Trust trades on the NYSE stock market under the symbol BST.

As of April 18, 2024, BST stock price declined to $33.96 with 68,015 million shares trading.

BST has a beta of 1.27, meaning it tends to be more sensitive to market movements. BST has a correlation of 0.62 to the broad based SPY ETF.

BST has a market cap of $1.17 billion. This is considered a Small Cap stock.

In the last 3 years, BST stock traded as high as $61.70 and as low as $27.45.

BST has underperformed the market in the last year with a price return of +17.1% while the SPY ETF gained +22.3%. BST has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.5% and -5.3%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

BST support price is $33.80 and resistance is $34.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BST stock will trade within this expected range on the day.