BP p.l.c. (LON:BP - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 403.80 ($5.38) and traded as low as GBX 360 ($4.80). BP shares last traded at GBX 362.20 ($4.83), with a volume of 35,993,814 shares.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on the stock. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a GBX 480 ($6.40) price target on shares of BP in a report on Thursday, February 20th. JPMorgan Chase & Co. upgraded BP to a "neutral" rating and upped their target price for the stock from GBX 440 ($5.86) to GBX 510 ($6.80) in a research note on Thursday, February 20th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of GBX 494 ($6.58).
Get Our Latest Stock Report on BP
BP Trading Down 0.8 %
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 stock has a 50 day moving average of GBX 399.78 and a 200 day moving average of GBX 402.81. The firm has a market cap of £68.18 billion, a P/E ratio of 26.17, a PEG ratio of 0.35 and a beta of 0.49.
Insider Activity at BP
In related news, insider Murray Auchincloss purchased 113 shares of the firm's stock in a transaction on Thursday, April 10th. The shares were acquired at an average cost of GBX 333 ($4.44) per share, with a total value of £376.29 ($501.39). In the last three months, insiders have bought 205 shares of company stock valued at $77,365. Corporate insiders own 0.26% of the company's stock.
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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