BlackRock Energy and Resources (LON:BERI) Stock Price Up 1.7% – Time to Buy?

BlackRock Energy and Resources Inc (LON:BERIGet Free Report)’s stock price shot up 1.7% during trading on Wednesday . The company traded as high as GBX 118 ($1.54) and last traded at GBX 118 ($1.54). 185,673 shares changed hands during mid-day trading, a decline of 22% from the average session volume of 238,769 shares. The stock had previously closed at GBX 116 ($1.51).

BlackRock Energy and Resources Trading Up 1.7 %

The business’s fifty day moving average price is GBX 119.30 and its 200-day moving average price is GBX 118.48. The company has a market capitalization of £139.95 million, a P/E ratio of 6.20 and a beta of 0.98.

BlackRock Energy and Resources (LON:BERIGet Free Report) last released its quarterly earnings results on Monday, February 3rd. The company reported GBX 3.63 ($0.05) 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

(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

Receive News & Ratings for BlackRock Energy and Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Energy and Resources and related companies with MarketBeat.com's FREE daily email newsletter.