BlackRock Energy and Resources (LON:BERI) Hits New 1-Year High – Time to Buy?

BlackRock Energy and Resources Inc (LON:BERIGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 180.50 and last traded at GBX 179.50, with a volume of 442111 shares traded. The stock had previously closed at GBX 178.

BlackRock Energy and Resources Trading Up 0.8%

The stock’s 50 day moving average is GBX 155.89 and its 200 day moving average is GBX 139.51. The stock has a market capitalization of £199.60 million, a price-to-earnings ratio of -14.25 and a beta of 0.98.

About BlackRock Energy and Resources

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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.

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