BP p.l.c. (LON:BP - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 399.57 ($5.41) and traded as low as GBX 364.85 ($4.94). BP shares last traded at GBX 365.50 ($4.95), with a volume of 23,277,758 shares traded.
Wall Street Analyst Weigh In
BP has been the topic of several research analyst reports. JPMorgan Chase & Co. upgraded shares of BP to a "neutral" rating and lifted their price target for the stock from GBX 440 ($5.96) to GBX 510 ($6.90) in a research note on Thursday, February 20th. Royal Bank of Canada restated a "sector perform" rating and issued a GBX 480 ($6.50) price objective on shares of BP in a research note on Thursday, February 20th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of GBX 494 ($6.69).
Get Our Latest Stock Report on BP
BP Trading Down 0.2%
The company has a debt-to-equity ratio of 105.65, a current ratio of 1.22 and a quick ratio of 0.62. The company has a market capitalization of £69.33 billion, a price-to-earnings ratio of 26.61, a price-to-earnings-growth ratio of 0.35 and a beta of 0.49. The business's 50 day simple moving average is GBX 378.50 and its 200 day simple moving average is GBX 399.05.
Insider Transactions at BP
In related news, insider Hina Nagarajan acquired 5,000 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The shares were purchased at an average price of GBX 348 ($4.71) per share, with a total value of £17,400 ($23,554.89). Also, insider Murray Auchincloss acquired 113 shares of the firm's stock in a transaction that occurred on Thursday, April 10th. The shares were bought at an average cost of GBX 333 ($4.51) per share, for a total transaction of £376.29 ($509.39). Insiders have bought a total of 5,220 shares of company stock worth $1,817,638 over the last ninety days. 0.26% of the stock is currently owned by company insiders.
BP Company Profile
(
Get Free Report)
BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.
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