BlackRock Energy and Resources (LON:BERI) Sets New 12-Month High - Time to Buy?

Key Points

• BlackRock Energy and Resources (LON:BERI) reached a new 52-week high with its stock price hitting GBX 130.50 ($1.78) on Thursday, after trading at a volume of 185,288 shares.
• The company has a market capitalization of £147.35 million and reported a return on equity of 14.20% with a net margin of 87.97% in its last earnings report.
• BlackRock Energy and Resources focuses on capital growth and dividend returns by investing primarily in mining and energy sector securities.

BlackRock Energy and Resources Inc (LON:BERI - Get Free Report)'s share price hit a new 52-week high on Thursday . The stock traded as high as GBX 130.50 ($1.76) and last traded at GBX 130 ($1.75), with a volume of 185288 shares. The stock had previously closed at GBX 129.50 ($1.74).

BlackRock Energy and Resources Stock Performance

The stock has a market capitalization of £146.21 million, a P/E ratio of -1,023.81 and a beta of 0.98. The firm's fifty day simple moving average is GBX 123.49 and its 200 day simple moving average is GBX 115.17.

BlackRock Energy and Resources (LON:BERI - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported GBX 2 earnings per share for the quarter. BlackRock Energy and Resources had a net margin of 87.97% and a return on equity of 14.20%.

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.