Free Trial

Blue Dolphin Energy (OTCMKTS:BDCO) Share Price Passes Above 50 Day Moving Average - Should You Sell?

Blue Dolphin Energy logo with Energy background
Image from MarketBeat Media, LLC.

Key Points

  • Price breakout: Blue Dolphin's shares crossed above their 50‑day moving average (50‑day = $2.64), trading as high as $3.8260 on Wednesday, well above the 200‑day average of $1.82.
  • Fundamentals remain weak: The company reported −$0.10 EPS for the quarter with a negative net margin (−2.0%) and negative ROE (−9.83%), and it has low liquidity (current ratio 0.64, quick ratio 0.19) despite $68.75M in revenue.
  • Small‑cap energy terminal operator: Market cap is about $57.1M; Blue Dolphin primarily owns and operates the Port Fourchon deepwater dock and storage terminal on the U.S. Gulf Coast.
  • MarketBeat previews the top five stocks to own by June 1st.

Blue Dolphin Energy Co. (OTCMKTS:BDCO - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $2.64 and traded as high as $3.8260. Blue Dolphin Energy shares last traded at $3.8260, with a volume of 16,382 shares changing hands.

Blue Dolphin Energy Price Performance

The business has a 50-day moving average price of $2.64 and a 200 day moving average price of $1.82. The company has a market cap of $57.08 million, a price-to-earnings ratio of -10.07 and a beta of 0.36. The company has a current ratio of 0.64, a quick ratio of 0.19 and a debt-to-equity ratio of 0.11.

Blue Dolphin Energy (OTCMKTS:BDCO - Get Free Report) last announced its quarterly earnings data on Tuesday, March 31st. The company reported ($0.10) EPS for the quarter. Blue Dolphin Energy had a negative net margin of 2.00% and a negative return on equity of 9.83%. The company had revenue of $68.75 million for the quarter.

Blue Dolphin Energy Company Profile

(Get Free Report)

Blue Dolphin Energy Company OTCMKTS: BDCO is an independent energy and marine transportation company headquartered in New Orleans, Louisiana. The firm focuses on the ownership, development and operation of refined petroleum product terminals and related infrastructure along the U.S. Gulf Coast. Its primary asset is a deepwater dock and storage terminal situated at Port Fourchon, Louisiana, which supports the loading and unloading of a variety of refined hydrocarbon products.

The company's Port Fourchon facility features multiple above-ground storage tanks and a dedicated dock capable of accommodating oceangoing vessels, barges and offshore supply ships.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Blue Dolphin Energy Right Now?

Before you consider Blue Dolphin Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Blue Dolphin Energy wasn't on the list.

While Blue Dolphin Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines