BP plc ADR (BP) Shares Soar Above 1-Year High

BP plc ADR (NYSE: BP)’s stock price has increased by 1.48 compared to its previous closing price of 35.51. However, the company has seen a 3.28% increase in its stock price over the last five trading sessions. prnewswire.com reported 2024-06-24 that Arcadis has delivered more than 7,000 EV charging stations around the world HOUSTON, June 24, 2024 /PRNewswire/ — Arcadis, a leading global design and consultancy organization for natural and built assets, today announced the completion of bp’s (NYSE: BP) latest high-speed EV charging site at the company’s North America headquarters in Houston, Texas. The new bp pulse station is the first bp pulse branded Gigahub™ in the US for their EV charging business.

Is It Worth Investing in BP plc ADR (NYSE: BP) Right Now?

BP plc ADR (NYSE: BP) has a price-to-earnings ratio that is above its average at 11.34x. The stock has a 36-month beta value of 0.64. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 1 as “sell.”

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The public float for BP is 2.75B, and at present, short sellers hold a 0.24% of that float. On June 24, 2024, the average trading volume of BP was 9.04M shares.

BP’s Market Performance

The stock of BP plc ADR (BP) has seen a 3.28% increase in the past week, with a -1.44% drop in the past month, and a -4.67% fall in the past quarter. The volatility ratio for the week is 1.16%, and the volatility levels for the past 30 days are at 1.36% for BP. The simple moving average for the past 20 days is 0.22% for BP’s stock, with a -2.23% simple moving average for the past 200 days.

BP Trading at -3.68% 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 -11.77% of loss for the given period.

Volatility was left at 1.36%, however, over the last 30 days, the volatility rate increased by 1.16%, as shares sank -0.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.00% lower at present.

During the last 5 trading sessions, BP rose by +3.41%, which changed the moving average for the period of 200-days by -7.08% in comparison to the 20-day moving average, which settled at $35.94. In addition, BP plc ADR saw 1.79% 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:

  • 0.13 for the present operating margin
  • 0.2 for the gross margin

The net margin for BP plc ADR stands at 0.05. The total capital return value is set at 0.13. Equity return is now at value 13.12, with 3.35 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 0.53. The debt to equity ratio resting at 0.8. The interest coverage ratio of the stock is 6.25.

Currently, EBITDA for the company is 46.35 billion with net debt to EBITDA at 0.77. When we switch over and look at the enterprise to sales, we see a ratio of 0.65. The receivables turnover for the company is 6.57for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.

Conclusion

To sum up, BP plc ADR (BP) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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