BP PLC 9 Percent Preferred Shares (LON:BP.B) Trading Down 1.8% - What's Next?

Key Points

• BP PLC's 9 Percent Preferred Shares experienced a decline of 1.8%, trading at GBX 162 ($2.18) compared to the previous close of GBX 165 ($2.22).
• Trading volume dropped significantly, with approximately 362 shares traded—a decline of 95% from the average daily volume of over 7,000 shares.
• The company has a market capitalization of £32.42 billion and a high debt-to-equity ratio of 79.91, indicating potential financial risks.

BP PLC 9 Percent Preferred Shares (LON:BP.B - ) shares were down 1.8% during mid-day trading on Friday . The stock traded as low as GBX 162 ($2.18) and last traded at GBX 162 ($2.18). Approximately 362 shares were traded during trading, a decline of 95% from the average daily volume of 7,468 shares. The stock had previously closed at GBX 165 ($2.22).

BP PLC 9 Percent Preferred Shares Stock Down 1.8%

The firm has a market capitalization of £32.42 billion, a PE ratio of -2.27 and a beta of 0.49. The company has a fifty day moving average price of GBX 165.75 and a 200-day moving average price of GBX 163.77. The company has a debt-to-equity ratio of 79.91, a quick ratio of 0.62 and a current ratio of 1.24.

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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