BP PLC 9 Percent Preferred Shares (LON:BP.B) Stock Cross Below Fifty Day Moving Average – Time to Sell?

BP PLC 9 Percent Preferred Shares (LON:BP.B)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 152.09 ($1.89) and traded as low as GBX 147 ($1.82). BP PLC 9 Percent Preferred Shares shares last traded at GBX 151 ($1.87), with a volume of 7,137 shares traded.

BP PLC 9 Percent Preferred Shares Trading Up 1.3 %

The company has a debt-to-equity ratio of 79.91, a current ratio of 1.24 and a quick ratio of 0.62. The business has a 50-day simple moving average of GBX 152.05 and a two-hundred day simple moving average of GBX 156.16. The stock has a market cap of £30.22 billion, a price-to-earnings ratio of -2.11 and a beta of 0.49.

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.