BlackRock Energy and Resources (LON:BERI) Trading Down 0.4% – Here’s Why

BlackRock Energy and Resources Inc (LON:BERI) fell 0.4% during mid-day trading on Thursday . The stock traded as low as GBX 119 ($1.56) and last traded at GBX 119 ($1.56). 178,001 shares were traded during trading, a decline of 38% from the average session volume of 288,894 shares. The stock had previously closed at GBX 119.50 ($1.56).

BlackRock Energy and Resources Stock Performance

The stock has a market capitalization of £147.12 million, a price-to-earnings ratio of 669.44 and a beta of 0.98. The company’s fifty day simple moving average is GBX 115.18 and its 200 day simple moving average is GBX 117.75. The company has a quick ratio of 0.32, a current ratio of 0.06 and a debt-to-equity ratio of 8.83.

BlackRock Energy and Resources Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, October 28th. Investors of record on Thursday, September 26th will be paid a GBX 1.13 ($0.01) dividend. The ex-dividend date is Thursday, September 26th. This represents a dividend yield of 0.98%. BlackRock Energy and Resources’s dividend payout ratio (DPR) is presently 2,777.78%.

BlackRock Energy and Resources Company Profile

BlackRock Commodities Income Investment Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. The fund is managed by BlackRock Investment Management (UK) Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the mining and energy sectors.