BP plc ADR (NYSE: BP) is -8.96% lower on its value in year-to-date trading and has touched a low of $25.22 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 $26.59 in the last trading session, with the day’s gains setting it 0.32%.
Currently trading at $26.91, the stock is -14.74% and -17.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.45 million and changing 1.20% at the moment leaves the stock -16.00% off its SMA200. BP registered -32.13% loss for a year compared to 6-month gain of -16.79%. The firm has a 50-day simple moving average (SMA 50) of $32.4382 and a 200-day simple moving average (SMA200) of $32.03445.
The stock witnessed a -19.41% loss in the last 1 month and extending the period to 3 months gives it a -13.81%, and is -0.96% 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 6.49% over the week and 3.29% over the month.
BP plc ADR (BP) has around 100500 employees, a market worth around $70.51B and $189.19B in sales. Current P/E ratio is 340.63 and Fwd P/E is 7.84. Profit margin for the company is 0.20%. Distance from 52-week low is 6.68% and -33.39% from its 52-week high. The company has generated returns on investments over the last 12 months (0.31%).
with sales reaching $39.88B over the same period.The EPS is expected to shrink by -8.94% this year, but quarterly earnings will post -6.12% year-over-year. Quarterly sales are estimated to shrink -18.41% in year-over-year returns.
BP plc ADR (BP) Top Institutional Holders
1220.0 institutions hold shares in BP plc ADR (BP), with institutional investors hold 11.67% of the company’s shares. The shares outstanding are 2.64B, and float is at 2.62B with Short Float at 0.47%. Institutions hold 11.67% 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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