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

Shares of BP PLC 9 Percent Preferred Shares (LON:BP.B) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 151.69 ($1.91) and traded as low as GBX 149.50 ($1.88). BP PLC 9 Percent Preferred Shares shares last traded at GBX 152 ($1.91), with a volume of 3,313 shares trading hands.

BP PLC 9 Percent Preferred Shares Stock Up 1.7 %

The firm has a 50 day simple moving average of GBX 151.69 and a two-hundred day simple moving average of GBX 156.04. The company has a market capitalization of £30.42 billion, a PE ratio of -2.13 and a beta of 0.49. The company has a current ratio of 1.24, a quick ratio of 0.62 and a debt-to-equity ratio of 79.91.

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.