BlackRock Energy and Resources (LON:BERI) Sets New 1-Year High – Here’s Why

BlackRock Energy and Resources Inc (LON:BERIGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 145 and last traded at GBX 145, with a volume of 298163 shares changing hands. The stock had previously closed at GBX 142.50.

BlackRock Energy and Resources Stock Performance

The stock has a market cap of £161.80 million, a P/E ratio of -11.51 and a beta of 0.98. The stock has a 50-day moving average price of GBX 134.38 and a 200-day moving average price of GBX 121.92.

BlackRock Energy and Resources (LON:BERIGet Free Report) last released its earnings results on Monday, August 4th. The company reported GBX 2 earnings per share for the quarter. BlackRock Energy and Resources had a return on equity of 14.20% and a net margin of 87.97%.

BlackRock Energy and Resources Company Profile

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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.

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