BlackRock Energy and Resources (LON:BERI) Shares Down 2.8% – Should You Sell?

Shares of BlackRock Energy and Resources Inc (LON:BERI) fell 2.8% on Friday . The company traded as low as GBX 120 ($1.47) and last traded at GBX 120 ($1.47). 232,198 shares traded hands during trading, an increase of 2% from the average session volume of 227,678 shares. The stock had previously closed at GBX 123.50 ($1.51).

BlackRock Energy and Resources Stock Down 2.8 %

The company’s 50 day simple moving average is GBX 118.93 and its 200-day simple moving average is GBX 117.52. The firm has a market cap of £146.51 million, a P/E ratio of 666.67 and a beta of 0.98. The company has a current ratio of 0.06, a quick ratio of 0.32 and a debt-to-equity ratio of 8.83.

BlackRock Energy and Resources Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Thursday, December 5th were paid a GBX 1.13 ($0.01) dividend. The ex-dividend date of this dividend was 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.