BP plc ADR (NYSE:BP) shares, rose in value on Friday, January 03, with the stock price up by 1.78% to the previous day’s close as strong demand from buyers drove the stock to $30.46.
Actively observing the price movement in the recent trading, the stock is buoying the session at $29.93, falling within a range of $30.285 and $30.48. The value of beta (5-year monthly) is 0.506 whereas the PE ratio is 32.14 over 12-month period. Referring to stock’s 52-week performance, its high was $40.40, and the low was $27.82. On the whole, BP has fluctuated by 3.43% over the past month.
With the market capitalization of BP plc ADR currently standing at about $80.36 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.83, with its dividend yield at 6.02%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BP’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 10.71, with the price of BP currently trading nearly 3.88% and 3.44% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 63.26, while the 7-day volatility ratio is showing 1.28% which for the 30-day chart, stands at 1.56%. Furthermore, BP plc ADR (BP)’s beta value is 0.61, and its average true range (ATR) is 0.52.
A comparison of BP plc ADR (BP) with its peers suggests the former has fared considerably weaker in the market. BP showed an intraday change of 1.78% in today’s session so far, and over the past year, it shrunk by -15.38%%.
Data on historical trading for BP plc ADR (NYSE:BP) indicates that the trading volumes over the past 10 days have averaged 7.56 and over the past 3 months, they’ve averaged 9.48 million. According to company’s latest data on outstanding shares, there are 2.69 billion shares outstanding.
Nearly 0.01% of BP plc ADR’s shares belong to company insiders and institutional investors own 11.12% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.11 million shares as on 2024-12-13, resulting in a short ratio of 1.05. According to the data, the short interest in BP plc ADR (BP) stood at 48.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 11.81 million. The stock has risen by 3.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BP stock heading into the next quarter.
