BlackRock Energy and Resources (LON:BERI) Stock Price Up 1.2%

BlackRock Energy and Resources Inc (LON:BERI) rose 1.2% during mid-day trading on Monday . The company traded as high as GBX 123 ($1.55) and last traded at GBX 123 ($1.55). Approximately 170,780 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 383,730 shares. The stock had previously closed at GBX 121.50 ($1.53).

BlackRock Energy and Resources Stock Up 1.2 %

The company has a debt-to-equity ratio of 5.62, a current ratio of 0.20 and a quick ratio of 0.32. The stock has a market cap of £162.47 million, a PE ratio of -946.15 and a beta of 1.05. The business has a fifty day moving average of GBX 112.93 and a 200-day moving average of GBX 111.02.

BlackRock Energy and Resources Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, April 26th. Shareholders of record on Thursday, March 28th were issued a dividend of GBX 1.13 ($0.01) per share. The ex-dividend date was Thursday, March 28th. This represents a yield of 1.02%. BlackRock Energy and Resources’s dividend payout ratio is currently -3,076.92%.

Insiders Place Their Bets

In related news, insider Anne Marie Cannon bought 15,000 shares of the stock in a transaction on Friday, March 8th. The stock was bought at an average price of GBX 107 ($1.34) per share, for a total transaction of £16,050 ($20,160.78). 4.53% of the stock is owned by company insiders.

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.