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

BlackRock Energy and Resources Inc (LON:BERI) traded 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 changed hands during mid-day 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 Down 1.9%

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

BlackRock Energy and Resources (LON:BERI) last posted 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 net margin of 97.08% and a return on equity of 49.02%.

Insider Buying and Selling at BlackRock Energy and Resources

In related news, insider Carole Ferguson acquired 8,220 shares of BlackRock Energy and Resources stock in a transaction dated Thursday, August 13th. The stock was acquired at an average cost of GBX 185 per share, with a total value of £15,207. 0.54% of the stock is currently owned by corporate insiders.

About BlackRock Energy and Resources

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.