BP Prudhoe Bay Royalty Trust (NYSE: BPT) is 1.60% higher on its value in year-to-date trading and has touched a low of $0.52 and a high of $3.20 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 BPT stock was last observed hovering at around $0.55 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.55, the stock is -14.52% and -38.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.48 million and changing 0.44% at the moment leaves the stock -67.33% off its SMA200. BPT registered -80.33% loss for a year compared to 6-month loss of -76.28%. The firm has a 50-day simple moving average (SMA 50) of $0.8974 and a 200-day simple moving average (SMA200) of $1.69175.
The stock witnessed a -17.51% gain in the last 1 month and extending the period to 3 months gives it a -54.70%, and is 1.60% 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 15.65% over the week and 10.86% over the month.
Distance from 52-week low is 7.15% and -82.73% 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 13.63%. 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.
