BlackRock Energy and Resources (LON:BERI) Trading Up 0.4% - Here's Why

Key Points

• BlackRock Energy and Resources stock increased by 0.4% with a trading high of GBX 135.50 ($1.82) during mid-day trading.
• The company reported a net margin of 87.97% and a return on equity of 14.20% in its latest quarterly earnings.
• BlackRock Energy and Resources aims to achieve long-term capital growth by primarily investing in securities of companies operating in the mining and energy sectors.

BlackRock Energy and Resources Inc (LON:BERI - Get Free Report)'s stock price was up 0.4% during mid-day trading on Monday . The stock traded as high as GBX 135.50 ($1.82) and last traded at GBX 134.50 ($1.81). Approximately 202,329 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 252,298 shares. The stock had previously closed at GBX 134 ($1.80).

BlackRock Energy and Resources Stock Up 0.4%

The stock has a market cap of £152.45 million, a price-to-earnings ratio of -1,067.46 and a beta of 0.98. The company's 50-day moving average is GBX 125.17 and its 200-day moving average is GBX 116.06.

BlackRock Energy and Resources (LON:BERI - Get Free Report) last posted its quarterly earnings data 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.