BP Prudhoe Bay Royalty Trust (NYSE: BPT) is -68.34% lower on its value in year-to-date trading and has touched a low of $1.00 and a high of $3.66 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 BPT stock was last observed hovering at around $1.02 in the last trading session, with the day’s loss setting it -0.24%.
Currently trading at $0.78, the stock is -30.31% and -31.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.8 million and changing -23.33% at the moment leaves the stock -58.39% off its SMA200. BPT registered -77.72% loss for a year compared to 6-month loss of -64.29%. The firm has a 50-day simple moving average (SMA 50) of $1.1536 and a 200-day simple moving average (SMA200) of $1.8873.
The stock witnessed a -25.52% gain in the last 1 month and extending the period to 3 months gives it a -48.89%, and is -26.92% 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 10.36% over the week and 8.68% over the month.
Distance from 52-week low is -21.80% and -78.63% from its 52-week high.
The EPS is expected to shrink by -93.10% this year
56.0 institutions hold shares in BP Prudhoe Bay Royalty Trust (BPT), with institutional investors hold 6.17% of the company’s shares. The shares outstanding are 21.40M, and float is at 21.40M with Short Float at 11.34%. Institutions hold 6.17% of the Float.
The top institutional shareholder in the company is CREATIVE PLANNING with over 0.27 million shares valued at $0.67 million. The investor’s holdings represent 1.2619 of the BPT Shares outstanding. As of 2024-06-30, the second largest holder is OPPENHEIMER & CO INC with 0.16 million shares valued at $0.41 million to account for 0.7706 of the shares outstanding. The other top investors are TWO SIGMA INVESTMENTS, LP which holds 0.13 million shares representing 0.6065 and valued at over $0.32 million, while INVESCO LTD. holds 0.5978 of the shares totaling 0.13 million with a market value of $0.32 million.
