BP plc ADR (NYSE:BP) shares, rose in value on Thursday, February 13, with the stock price down by -0.55% to the previous day’s close as strong demand from buyers drove the stock to $34.49.
Actively observing the price movement in the last trading, the stock closed the session at $34.68. The PE ratio was 436.58 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 10.94% over the past month.
With the market capitalization of BP plc ADR currently standing at about $89.99 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 1.83, with its dividend yield at 5.31%.
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% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 40.76, with the price of BP currently trading nearly 7.44% and 12.35% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 75.52, while the 7-day volatility ratio is showing 2.21% which for the 30-day chart, stands at 1.86%. Furthermore, BP plc ADR (BP)’s beta value is 0.56, and its average true range (ATR) is 0.77.
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 -0.55% in last session, and over the past year, it shrunk by -5.33%%.
Data on historical trading for BP plc ADR (NYSE:BP) indicates that the trading volumes over the past 3 months, they’ve averaged 10.97 million. According to company’s latest data on outstanding shares, there are 2.64 billion shares outstanding.
Nearly 0.01% of BP plc ADR’s shares belong to company insiders and institutional investors own 11.43% of the company’s shares. The stock has risen by 16.68% 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.
