BP p.l.c. (LON:BP - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 401.76 ($5.32) and traded as low as GBX 344.59 ($4.57). BP shares last traded at GBX 350.30 ($4.64), with a volume of 77,010,895 shares.
Analyst Upgrades and Downgrades
BP has been the subject of a number of research analyst reports. Royal Bank of Canada reissued a "sector perform" rating and issued a GBX 480 ($6.36) target price on shares of BP in a report on Thursday, February 20th. JPMorgan Chase & Co. raised BP to a "neutral" rating and boosted their target price for the stock from GBX 440 ($5.83) to GBX 510 ($6.76) in a research report on Thursday, February 20th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 494 ($6.54).
Check Out Our Latest Analysis on BP
BP Trading Up 1.3 %
The company has a market cap of £69.19 billion, a PE ratio of 26.55, a PEG ratio of 0.35 and a beta of 0.49. The company has a debt-to-equity ratio of 105.65, a quick ratio of 0.62 and a current ratio of 1.22. The stock has a fifty day moving average of GBX 389.18 and a 200-day moving average of GBX 400.75.
Insiders Place Their Bets
In other news, insider Hina Nagarajan acquired 5,000 shares of BP stock in a transaction that occurred on Friday, May 2nd. The stock was purchased at an average price of GBX 348 ($4.61) per share, for a total transaction of £17,400 ($23,052.46). Also, insider Murray Auchincloss bought 87 shares of the stock in a transaction on Monday, February 10th. The stock was purchased at an average price of GBX 433 ($5.74) per share, with a total value of £376.71 ($499.09). In the last ninety days, insiders bought 5,205 shares of company stock worth $1,817,365. 0.26% of the stock is currently owned by company insiders.
About BP
(
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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