BlackRock Energy and Resources (LON:BERI) Stock Falls 1% – Time to Sell?

BlackRock Energy and Resources Inc (LON:BERI – Get Free Report) shares traded down 1% during mid-day trading on Thursday. The stock traded as low as GBX 173.50 and last traded at GBX 174.53. Approximately 80,479 shares changed hands during trading, a decline of 74% from the average session volume of 308,054 shares. The stock had previously closed at GBX 176.25.

BlackRock Energy and Resources Price Performance

The firm has a 50 day moving average of GBX 181.42 and a 200-day moving average of GBX 184.98. The company has a current ratio of 0.12, a quick ratio of 0.32 and a debt-to-equity ratio of 4.87. The company has a market cap of £175.22 million, a P/E ratio of 2.04 and a beta of 1.36.

BlackRock Energy and Resources (LON:BERI – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The company reported GBX 2 earnings per share for the quarter. BlackRock Energy and Resources had a return on equity of 49.02% and a net margin of 97.08%.

Insider Activity at BlackRock Energy and Resources

In related news, insider Carole Ferguson bought 8,220 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was purchased at an average price of GBX 185 per share, for a total transaction of £15,207. Company insiders own 0.54% of the company’s stock.

About BlackRock Energy and Resources

(Get Free Report)

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.

Further Reading

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