BP plc ADR (BP) Shares Down Despite Recent Market Volatility

The stock price of BP plc ADR (NYSE: BP) has dropped by -0.13 compared to previous close of 29.52. Despite this, the company has seen a gain of 1.73% in its stock price over the last five trading days. zacks.com reported 2024-11-22 that BP approves a $7B investment in Indonesia’s Tangguh project, featuring its first-ever carbon capture, utilization, and storage technology while aligning energy expansion with sustainability goals.

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 31.10x. The stock has a 36-month beta value of 0.63. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 4 as “overweight,” 7 as “hold,” and 1 as “sell.”

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The public float for BP is 2.65B, and at present, short sellers hold a 0.40% of that float. On November 22, 2024, the average trading volume of BP was 9.00M shares.

BP’s Market Performance

BP stock saw a decrease of 1.73% in the past week, with a monthly decline of -5.81% and a quarterly a decrease of -14.27%. The volatility ratio for the week is 1.10%, and the volatility levels for the last 30 days are 1.47% for BP plc ADR (BP). The simple moving average for the last 20 days is 0.38% for BP’s stock, with a simple moving average of -15.26% for the last 200 days.

BP Trading at -4.65% 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 -27.03% of loss for the given period.

Volatility was left at 1.47%, however, over the last 30 days, the volatility rate increased by 1.10%, as shares sank -6.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.40% lower at present.

During the last 5 trading sessions, BP rose by +1.74%, which changed the moving average for the period of 200-days by -18.57% in comparison to the 20-day moving average, which settled at $29.37. In addition, BP plc ADR saw -16.72% 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:

  • 0.1 for the present operating margin
  • 0.18 for the gross margin

The net margin for BP plc ADR stands at 0.01. The total capital return value is set at 0.1. Equity return is now at value 3.95, with 0.99 for asset returns.

Based on BP plc ADR (BP), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.89. The interest coverage ratio of the stock is 4.52.

Currently, EBITDA for the company is 42.18 billion with net debt to EBITDA at 1.01. When we switch over and look at the enterprise to sales, we see a ratio of 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.

Conclusion

To sum up, BP plc ADR (BP) has seen a bad 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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