BlackRock Energy and Resources (LON:BERI) Hits New 52-Week Low – What’s Next?

BlackRock Energy and Resources Inc (LON:BERI)’s stock price hit 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. The stock had previously closed at GBX 113 ($1.46).

BlackRock Energy and Resources Trading Down 8.0 %

The company has a market capitalization of £116.23 million, a P/E ratio of 5.15 and a beta of 0.98. The stock has a 50 day moving average price of GBX 116.68 and a 200 day moving average price of GBX 118.62.

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

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

About BlackRock Energy and Resources

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.