BlackRock Energy and Resources (LON:BERI) Trading Up 1.7% – Here’s What Happened

BlackRock Energy and Resources Inc (LON:BERI)’s stock price traded up 1.7% during trading on Wednesday . The stock traded as high as GBX 118 ($1.53) and last traded at GBX 118 ($1.53). 185,673 shares traded hands during trading, a decline of 22% from the average session volume of 238,769 shares. The stock had previously closed at GBX 116 ($1.50).

BlackRock Energy and Resources Trading Down 1.9 %

The stock has a market capitalization of £137.58 million, a P/E ratio of 6.10 and a beta of 0.98. The stock has a 50 day moving average of GBX 119.19 and a 200-day moving average of GBX 118.48.

BlackRock Energy and Resources (LON:BERI) last posted 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 return on equity of 14.20% and a net margin of 87.97%.

BlackRock Energy and Resources Dividend Announcement

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