Blue Dolphin Energy (OTCMKTS:BDCO) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Blue Dolphin Energy (OTCMKTS:BDCO)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $2.54 and traded as low as $1.78. Blue Dolphin Energy shares last traded at $1.78, with a volume of 1,350 shares.

Blue Dolphin Energy Stock Down 1.1 %

The company has a market capitalization of $26.56 million, a price-to-earnings ratio of 6.85 and a beta of 0.08. The firm’s 50 day moving average price is $2.54 and its two-hundred day moving average price is $3.29. The company has a current ratio of 1.28, a quick ratio of 0.32 and a debt-to-equity ratio of 0.81.

Blue Dolphin Energy Company Profile

Blue Dolphin Energy Company, an independent downstream energy company, engages in the refining and marketing of petroleum products in the United States. It operates through two segments, Refinery Operations, and Tolling and Terminaling. The company produces finished products, including jet fuel, as well as various intermediate products, such as naphtha, heavy oil mud blendstock, and atmospheric gas oil; and conducts tolling and terminaling services at the Nixon facility.