BP PLC 9 Percent Preferred Shares (LON:BP.B) Stock Price Down 1.8% - Should You Sell?

Key Points

• BP PLC 9 Percent Preferred Shares saw a share price decline of 1.8%, trading at GBX 162.05 ($2.16), with a significant drop in trading volume of 95% compared to the average.
• The company has a market cap of £32.43 billion and a negative PE ratio of -2.27, indicating potential concerns about profitability.
• BP aims to deliver energy products globally while transitioning towards lower carbon solutions and has operations across various continents.

BP PLC 9 Percent Preferred Shares (LON:BP.B - )'s share price were down 1.8% during mid-day trading on Friday . The company traded as low as GBX 162.05 ($2.16) and last traded at GBX 162.05 ($2.16). Approximately 373 shares changed hands during trading, a decline of 95% from the average daily volume of 7,249 shares. The stock had previously closed at GBX 165 ($2.20).

BP PLC 9 Percent Preferred Shares Price Performance

The firm has a market cap of £32.43 billion, a PE ratio of -2.27 and a beta of 0.49. The stock's fifty day moving average price is GBX 165.06 and its 200-day moving average price is GBX 164.41. The company has a debt-to-equity ratio of 79.91, a current ratio of 1.24 and a quick ratio of 0.62.

About BP PLC 9 Percent Preferred Shares

We deliver energy products and services to our customers around the world, and we plan to do so increasingly in ways that we believe will help drive the transition to a lower carbon future. We have operations in Europe, North and South America, Australasia, Asia and Africa.

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