Shares of BlackRock Energy and Resources Trust (NYSE:BGR) traded today at $11.96, eclipsing its 52-week high. So far today approximately 54,000 shares have been exchanged, as compared to an average 30-day volume of 216,000 shares.
BlackRock Energy & Resources Trust is a closed-end equity fund providing total return through a combination of current income, gains and capital appreciation by investing in equity securities and derivatives of energy and natural resources companies. The fund invests in various sectors such as information technology, financials, healthcare, consumer discretionary, industrial, energy, materials and utilities.
Potential upside of 0.4% exists for BlackRock Energy and Resources Trust, based on a current level of $11.85 and analysts’ average consensus price target of $11.89.
BlackRock Energy and Resources Trust share prices have moved between a 52-week high of $11.96 and a 52-week low of $8.18 and are now trading 45% above that low price at $11.85 per share.
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