BP plc ADR (NYSE: BP) is 4.94% higher on its value in year-to-date trading and has touched a low of $27.82 and a high of $40.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BP stock was last observed hovering at around $30.47 in the last trading session, with the day’s gains setting it 0.55%.
Currently trading at $31.02, the stock is 5.45% and 5.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.38 million and changing 1.81% at the moment leaves the stock -8.32% off its SMA200. BP registered -13.26% loss for a year compared to 6-month loss of -15.13%. The firm has a 50-day simple moving average (SMA 50) of $29.4498 and a 200-day simple moving average (SMA200) of $33.8683.
The stock witnessed a 6.49% gain in the last 1 month and extending the period to 3 months gives it a -5.66%, and is 7.11% up 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 1.16% over the week and 1.50% over the month.
BP plc ADR (BP) has around 87800 employees, a market worth around $81.84B and $195.57B in sales. Current P/E ratio is 32.73 and Fwd P/E is 8.32. Profit margin for the company is 1.39%. Distance from 52-week low is 11.49% and -23.22% from its 52-week high. The company has generated returns on investments over the last 12 months (2.15%).
The EPS is expected to shrink by -24.90% this year.
BP plc ADR (BP) Top Institutional Holders
1248.0 institutions hold shares in BP plc ADR (BP), with institutional investors hold 11.35% of the company’s shares. The shares outstanding are 2.69B, and float is at 2.64B with Short Float at 0.42%. Institutions hold 11.35% 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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