BGR - BlackRock Energy and Resources Trust Looks to Continue to Trade Above its Annual-High Share Price Today
BlackRock Energy and Resources Trust (NYSE:BGR) traded today at a new 52-week high of $12.16. Approximately 98,000 shares have changed hands today, as compared to an average 30-day volume of 165,000 shares.
There is potential upside of 1.7% for shares of BlackRock Energy and Resources Trust based on a current price of $12.00 and an average consensus analyst price target of $12.20.
In the past 52 weeks, shares of BlackRock Energy and Resources Trust have traded between a low of $8.18 and a high of $12.16 and is now at $12.00, which is 47% above that low price.
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.
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