The stock price of BP plc ADR (NYSE: BP) has dropped by -0.51 compared to previous close of 32.34. Despite this, the company has seen a fall of -2.14% in its stock price over the last five trading days. zacks.com reported 2024-10-11 that A ruling by a Paris-based arbitrator prevents KOS from selling the LNG produced from the GTA LNG project to third parties. BP is the operator of the GTA project.
Is It Worth Investing in BP plc ADR (NYSE: BP) Right Now?
BP plc ADR (NYSE: BP) has a price-to-earnings ratio of 12.72x that is above its average ratio. Additionally, the 36-month beta value for BP is 0.62. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 4 rating it as “hold,” and 1 rating it as “sell.”
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The public float for BP is 2.66B and currently, short sellers hold a 0.40% ratio of that float. The average trading volume of BP on October 11, 2024 was 7.68M shares.
BP’s Market Performance
BP’s stock has seen a -2.14% decrease for the week, with a 1.88% rise in the past month and a -8.15% fall in the past quarter. The volatility ratio for the week is 1.49%, and the volatility levels for the past 30 days are at 1.57% for BP plc ADR. The simple moving average for the past 20 days is -0.25% for BP’s stock, with a -9.51% simple moving average for the past 200 days.
BP Trading at -1.99% 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 -21.22% of loss for the given period.
Volatility was left at 1.57%, however, over the last 30 days, the volatility rate increased by 1.49%, as shares surge +1.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.19% lower at present.
During the last 5 trading sessions, BP fell by -1.89%, which changed the moving average for the period of 200-days by -9.56% in comparison to the 20-day moving average, which settled at $32.26. In addition, BP plc ADR saw -9.11% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BP
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.2 for the gross margin
The net margin for BP plc ADR stands at 0.04. The total capital return value is set at 0.12. Equity return is now at value 10.72, with 2.68 for asset returns.
Based on BP plc ADR (BP), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.54. The debt to equity ratio resting at 0.86. The interest coverage ratio of the stock is 5.39.
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 0.58. The receivables turnover for the company is 6.7for 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 1.24.
Conclusion
In conclusion, BP plc ADR (BP) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
