BP plc ADR (NYSE: BP) is -10.17% lower on its value in year-to-date trading and has touched a low of $31.77 and a high of $40.84 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BP stock was last observed hovering at around $31.90 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $31.80, the stock is -5.38% and -7.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.95 million and changing -0.31% at the moment leaves the stock -11.60% off its SMA200. BP registered -17.42% loss for a year compared to 6-month loss of -12.66%.
The stock witnessed a -5.07% gain in the last 1 month and extending the period to 3 months gives it a -9.81%, and is -6.36% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.42% over the week and 1.11% over the month.
BP plc ADR (BP) has around 87800 employees, a market worth around $84.85B and $201.59B in sales. Current P/E ratio is 12.57 and Fwd P/E is 6.40. Profit margin for the company is 3.65%. Distance from 52-week low is 0.09% and -22.14% from its 52-week high. The company has generated returns on investments over the last 12 months (5.84%).
The EPS is expected to shrink by -13.16% this year.
BP plc ADR (BP) Top Institutional Holders
1337.0 institutions hold shares in BP plc ADR (BP), with institutional investors hold 11.63% of the company’s shares. The shares outstanding are 2.80B, and float is at 2.67B with Short Float at 0.34%. Institutions hold 11.63% of the Float.
The top institutional shareholder in the company is FISHER ASSET MANAGEMENT, LLC with over 21.81 million shares valued at $787.46 million. The investor’s holdings represent 0.7813% of the BP Shares outstanding. As of 2024-06-30, the second largest holder is ARROWSTREET CAPITAL, LIMITED PARTNERSHIP with 21.76 million shares valued at $785.46 million to account for 0.7793 of the shares outstanding. The other top investors are STATE STREET CORP which holds 21.31 million shares representing 0.7633% and valued at over $769.35 million, while MORGAN STANLEY holds 0.5437 of the shares totaling 15.18 million with a market value of $547.97 million.
BP plc ADR (BP) Insider Activity
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