BlackRock Energy and Resources (LON:BERI) Hits New 52-Week High – What’s Next?

Shares of BlackRock Energy and Resources Inc (LON:BERI) hit a new 52-week high on Friday . The stock traded as high as GBX 127 ($1.59) and last traded at GBX 127 ($1.59), with a volume of 647908 shares changing hands. The stock had previously closed at GBX 124.50 ($1.56).

BlackRock Energy and Resources Price Performance

The stock’s fifty day moving average is GBX 119.78 and its 200-day moving average is GBX 118.29. The stock has a market cap of £155.05 million, a PE ratio of 705.56 and a beta of 0.98. The company has a debt-to-equity ratio of 8.83, a current ratio of 0.06 and a quick ratio of 0.32.

BlackRock Energy and Resources Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, October 28th. Shareholders of record on Thursday, September 26th were issued a GBX 1.13 ($0.01) dividend. The ex-dividend date was Thursday, September 26th. This represents a yield of 0.98%. BlackRock Energy and Resources’s dividend payout ratio is currently 2,777.78%.

About BlackRock Energy and Resources

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.