BlackRock Energy and Resources Income Trust (LON:BERI) Stock Price Down 0.4%

BlackRock Energy and Resources Income Trust plc (LON:BERI) shares fell 0.4% during trading on Friday . The company traded as low as GBX 115 ($1.44) and last traded at GBX 116.50 ($1.46). 216,653 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 402,813 shares. The stock had previously closed at GBX 117 ($1.47).

BlackRock Energy and Resources Income Trust Price Performance

The stock has a market cap of £153.88 million, a PE ratio of -896.15 and a beta of 1.05. The company has a debt-to-equity ratio of 5.62, a current ratio of 0.20 and a quick ratio of 0.32. The business has a fifty day moving average of GBX 109.13 and a 200 day moving average of GBX 110.64.

BlackRock Energy and Resources Income Trust Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, April 26th. Investors of record on Thursday, March 28th will be issued a GBX 1.13 ($0.01) dividend. This represents a dividend yield of 1.02%. The ex-dividend date of this dividend is Thursday, March 28th. BlackRock Energy and Resources Income Trust’s dividend payout ratio (DPR) is -3,076.92%.

Insider Buying and Selling

In other BlackRock Energy and Resources Income Trust news, insider Anne Marie Cannon bought 15,000 shares of the stock in a transaction that occurred on Friday, March 8th. The shares were purchased at an average cost of GBX 107 ($1.34) per share, for a total transaction of £16,050 ($20,148.13). Company insiders own 4.53% of the company’s stock.

About BlackRock Energy and Resources Income Trust

BlackRock Commodities Income Investment Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. The fund is managed by BlackRock Investment Management (UK) Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the mining and energy sectors.