BP Prudhoe Bay Royalty Trust (NYSE: BPT) is -8.09% lower on its value in year-to-date trading and has touched a low of $0.40 and a high of $3.20 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 $0.46 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $0.50, the stock is -14.32% and -39.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.37 million and changing 8.44% at the moment leaves the stock -69.16% off its SMA200. BPT registered -81.68% loss for a year compared to 6-month loss of -76.85%. The firm has a 50-day simple moving average (SMA 50) of $0.8316 and a 200-day simple moving average (SMA200) of $1.6344.
The stock witnessed a -22.96% gain in the last 1 month and extending the period to 3 months gives it a -58.33%, and is -7.41% 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 19.62% over the week and 12.38% over the month.
Distance from 52-week low is 24.88% and -84.38% from its 52-week high.
The EPS is expected to shrink by -93.10% this year.
BP Prudhoe Bay Royalty Trust (BPT) Top Institutional Holders
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 13.96%. 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.
BP Prudhoe Bay Royalty Trust (BPT) Insider Activity
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