BP (LON:BP) Stock Price Passes Above 50-Day Moving Average - Time to Sell?

BP p.l.c. (LON:BP - Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 366.41 ($5.04) and traded as high as GBX 370.80 ($5.10). BP shares last traded at GBX 365.70 ($5.03), with a volume of 27,109,379 shares.

BP Stock Performance

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 simple moving average of GBX 366.41 and a two-hundred day simple moving average of GBX 396.58. The stock has a market cap of £71.67 billion, a PE ratio of 27.51, a PEG ratio of 0.35 and a beta of 0.49.

Insider Buying and Selling at BP

In other news, insider Murray Auchincloss sold 336,621 shares of BP stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of GBX 359 ($4.93), for a total value of £1,208,469.39 ($1,660,669.77). Also, insider Hina Nagarajan purchased 5,000 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The stock was bought at an average cost of GBX 348 ($4.78) per share, for a total transaction of £17,400 ($23,910.95). Insiders acquired 5,222 shares of company stock worth $1,818,107 over the last ninety days. 0.26% of the stock is owned by corporate insiders.

BP Company Profile

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.