BlackRock Energy and Resources (LON:BERI) Stock Price Down 2.2% – What’s Next?

BlackRock Energy and Resources Inc (LON:BERI)’s stock price was down 2.2% during trading on Thursday . The company traded as low as GBX 110.96 ($1.39) and last traded at GBX 111.50 ($1.40). Approximately 188,520 shares changed hands during trading, a decline of 34% from the average daily volume of 283,978 shares. The stock had previously closed at GBX 114 ($1.43).

BlackRock Energy and Resources Trading Down 0.4 %

The company has a debt-to-equity ratio of 8.83, a quick ratio of 0.32 and a current ratio of 0.06. The firm has a market capitalization of £135.52 million, a P/E ratio of 616.67 and a beta of 0.98. The firm has a 50 day moving average price of GBX 120.22 and a two-hundred day moving average price of GBX 117.73.

BlackRock Energy and Resources Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, January 7th. Investors of record on Thursday, December 5th will be given a GBX 1.13 ($0.01) dividend. The ex-dividend date is Thursday, December 5th. This represents a dividend yield of 0.93%. BlackRock Energy and Resources’s dividend payout ratio (DPR) is 2,777.78%.

BlackRock Energy and Resources Company Profile

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.