BlackRock Energy and Resources (LON:BERI) Hits New 52-Week Low – Should You Sell?

BlackRock Energy and Resources Inc (LON:BERI)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 106.50 ($1.38) and last traded at GBX 106.50 ($1.38), with a volume of 328074 shares changing hands. The stock had previously closed at GBX 113 ($1.47).

BlackRock Energy and Resources Trading Down 5.8 %

The firm’s 50-day simple moving average is GBX 117.62 and its 200 day simple moving average is GBX 118.81. The stock has a market cap of £126.31 million, a P/E ratio of 5.60 and a beta of 0.98.

BlackRock Energy and Resources (LON:BERI) last issued its quarterly earnings data 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 Announces Dividend

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