BlackRock Energy and Resources (LON:BERI) Shares Down 1.5% – Time to Sell?

BlackRock Energy and Resources Inc (LON:BERI – Get Free Report) shares were down 1.5% during trading on Thursday. The stock traded as low as GBX 160 and last traded at GBX 162. 125,661 shares were traded during trading, a decline of 58% from the average daily volume of 298,488 shares. The stock had previously closed at GBX 164.50.

BlackRock Energy and Resources Price Performance

The stock’s 50-day moving average price is GBX 176.39 and its 200 day moving average price is GBX 183.05. The firm has a market capitalization of £160.82 million, a price-to-earnings ratio of 1.88 and a beta of 1.36. The company has a quick ratio of 0.32, a current ratio of 0.12 and a debt-to-equity ratio of 4.87.

Insider Transactions at BlackRock Energy and Resources

In other BlackRock Energy and Resources news, insider Carole Ferguson acquired 8,220 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was bought at an average price of GBX 185 per share, with a total value of £15,207. Corporate insiders own 0.54% of the company’s stock.

About BlackRock Energy and Resources

(Get Free Report)

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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