BP plc ADR (NYSE: BP) is -8.09% lower 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 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 $28.38 in the last trading session, with the day’s loss setting it -1.21%.
Currently trading at $27.17, the stock is -17.82% and -17.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.03 million and changing -4.26% at the moment leaves the stock -15.78% off its SMA200. BP registered -29.24% loss for a year compared to 6-month loss of -16.30%. The firm has a 50-day simple moving average (SMA 50) of $32.8916 and a 200-day simple moving average (SMA200) of $32.2621.
The stock witnessed a -15.28% gain in the last 1 month and extending the period to 3 months gives it a -10.83%, and is -19.59% 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 3.86% over the week and 2.27% over the month.
BP plc ADR (BP) has around 100500 employees, a market worth around $71.66B and $189.19B in sales. Current P/E ratio is 343.92 and Fwd P/E is 7.57. Profit margin for the company is 0.20%. Distance from 52-week low is -2.35% and -32.75% from its 52-week high. The company has generated returns on investments over the last 12 months (0.31%).
with sales reaching $40.12B over the same period.The EPS is expected to shrink by -0.39% this year, but quarterly earnings will post -5.41% year-over-year. Quarterly sales are estimated to shrink -17.92% in year-over-year returns.
BP plc ADR (BP) Top Institutional Holders
1214.0 institutions hold shares in BP plc ADR (BP), with institutional investors hold 11.61% of the company’s shares. The shares outstanding are 2.64B, and float is at 2.64B with Short Float at 0.43%. Institutions hold 11.61% 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 0.8019% 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 0.7999 of the shares outstanding. The other top investors are STATE STREET CORP which holds 21.31 million shares representing 0.7835% and valued at over $769.35 million, while MORGAN STANLEY holds 0.558 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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