BP PLC 9 Percent Preferred Shares (LON:BP.B) Share Price Pass Below 50 Day Moving Average – What’s Next?

BP PLC 9 Percent Preferred Shares (LON:BP.B) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 152.09 ($1.89) and traded as low as GBX 147 ($1.83). BP PLC 9 Percent Preferred Shares shares last traded at GBX 151 ($1.88), with a volume of 7,137 shares traded.

BP PLC 9 Percent Preferred Shares Price Performance

The company has a debt-to-equity ratio of 79.91, a current ratio of 1.24 and a quick ratio of 0.62. The firm has a market cap of £30.22 billion, a price-to-earnings ratio of -2.11 and a beta of 0.49. The stock’s fifty day moving average price is GBX 152.09 and its 200-day moving average price is GBX 156.18.

About BP PLC 9 Percent Preferred Shares

We deliver energy products and services to our customers around the world, and we plan to do so increasingly in ways that we believe will help drive the transition to a lower carbon future.

We have operations in Europe, North and South America, Australasia, Asia and Africa.