BlackRock Energy and Resources (LON:BERI) Hits New 12-Month Low – Time to Sell?

BlackRock Energy and Resources Inc (LON:BERI) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 106.50 ($1.37) and last traded at GBX 106.50 ($1.37), with a volume of 328074 shares changing hands. The stock had previously closed at GBX 113 ($1.46).

BlackRock Energy and Resources Stock Performance

The stock has a market capitalization of £116.23 million, a price-to-earnings ratio of 5.15 and a beta of 0.98. The business has a fifty day simple moving average of GBX 116.68 and a 200 day simple moving average of GBX 118.62.

BlackRock Energy and Resources (LON:BERI) last issued its quarterly earnings data on Monday, February 3rd. The company reported GBX 3.63 ($0.05) earnings per share for the quarter. BlackRock Energy and Resources had a net margin of 87.97% and a return on equity of 14.20%.

BlackRock Energy and Resources Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, April 25th. Investors of record on Thursday, March 27th will be given a GBX 1.13 ($0.01) dividend. This represents a dividend yield of 0.95%. The ex-dividend date is Thursday, March 27th. BlackRock Energy and Resources’s payout ratio is currently 26.28%.

BlackRock Energy and Resources Company Profile

The Company aims to achieve an annual dividend target and, over the long term, capital growth by investing primarily in securities of companies operating in the mining and energy sectors.