BlackRock Energy and Resources (LON:BERI) Stock Price Down 1.9% – Time to Sell?

BlackRock Energy and Resources Inc (LON:BERI) was down 1.9% during trading on Thursday. The company traded as low as GBX 178 and last traded at GBX 178.59. 134,636 shares traded hands during trading, a decline of 58% from the average daily volume of 321,298 shares. The stock had previously closed at GBX 182.

BlackRock Energy and Resources Stock Performance

The stock has a market cap of £178.05 million, a P/E ratio of 2.07 and a beta of 1.33. The company has a fifty day moving average of GBX 181.19 and a 200 day moving average of GBX 185.73. The company has a debt-to-equity ratio of 4.87, a current ratio of 0.12 and a quick ratio of 0.32.

BlackRock Energy and Resources (LON:BERI) last issued its quarterly earnings results on Thursday, July 23rd. The company reported GBX 2 earnings per share (EPS) for the quarter. BlackRock Energy and Resources had a return on equity of 49.02% and a net margin of 97.08%.

Insiders Place Their Bets

In other news, insider Carole Ferguson bought 8,220 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average cost of GBX 185 per share, with a total value of £15,207. 0.54% of the stock is owned by corporate insiders.

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.