In the past week, BP stock has gone up by 2.47%, with a monthly gain of 5.37% and a quarterly surge of 10.78%. The volatility ratio for the week is 1.76%, and the volatility levels for the last 30 days are 1.66% for BP plc ADR The simple moving average for the last 20 days is 1.66% for BP stock, with a simple moving average of 7.27% for the last 200 days.
Is It Worth Investing in BP plc ADR (NYSE: BP) Right Now?
The price-to-earnings ratio for BP plc ADR (NYSE: BP) is 7.76x, which is above its average ratio. Moreover, the 36-month beta value for BP is 0.66. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 1 as “sell.”
The public float for BP is 2.79B and currently, short sellers hold a 0.36% of that float. On April 29, 2024, BP’s average trading volume was 9.59M shares.
BP) stock’s latest price update
BP plc ADR (NYSE: BP) has seen a decline in its stock price by -0.38 in relation to its previous close of 39.62. However, the company has experienced a 2.47% gain in its stock price over the last five trading sessions. Forbes reported 2024-04-26 that Following his predecessor Bernard Looney’s sudden departure last year, BP CEO Murray Auchincloss’ was left carrying the can for the company’s strategy calling for growing renewables and reducing oil and gas output by 2030 or “Reimagine BP.”
BP Trading at 5.53% from the 50-Day Moving Average
After a stumble in the market that brought BP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.35% of loss for the given period.
Volatility was left at 1.66%, however, over the last 30 days, the volatility rate increased by 1.76%, as shares surge +4.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.37% upper at present.
During the last 5 trading sessions, BP rose by +2.47%, which changed the moving average for the period of 200-days by +8.70% in comparison to the 20-day moving average, which settled at $38.92. In addition, BP plc ADR saw 11.50% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BP
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.23 for the gross margin
The net margin for BP plc ADR stands at 0.07. The total capital return value is set at 0.17. Equity return is now at value 22.11, with 5.36 for asset returns.
Based on BP plc ADR (BP), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.59. The debt to equity ratio resting at 0.78. The interest coverage ratio of the stock is 8.48.
Currently, EBITDA for the company is 46.35 billion with net debt to EBITDA at 0.62. When we switch over and look at the enterprise to sales, we see a ratio of 0.67. The receivables turnover for the company is 6.53for trailing twelve months and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.21.
Conclusion
To wrap up, the performance of BP plc ADR (BP) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
