BlackRock Energy and Resources (LON:BERI) Sets New 52-Week Low – Time to Sell?

BlackRock Energy and Resources Inc (LON:BERI)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 106.50 ($1.38) and last traded at GBX 106.50 ($1.38), with a volume of 328074 shares. The stock had previously closed at GBX 113 ($1.47).

BlackRock Energy and Resources Stock Performance

The company’s fifty day moving average price is GBX 117.62 and its 200 day moving average price is GBX 118.81. The firm has a market capitalization of £126.31 million, a price-to-earnings ratio of 5.60 and a beta of 0.98.

BlackRock Energy and Resources (LON:BERI) last issued its earnings results on Monday, February 3rd. The company reported GBX 3.63 ($0.05) earnings per share (EPS) 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 Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, April 25th. Investors of record on Thursday, March 27th will be paid a dividend of GBX 1.13 ($0.01) per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a yield of 0.95%. 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.