BP plc ADR (NYSE: BP) is -17.71% lower on its value in year-to-date trading and has touched a low of $25.22 and a high of $37.39 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 $30.93 in the last trading session, with the day’s loss setting it -0.68%.
Currently trading at $30.25, the stock is -1.07% and 1.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.65 million and changing -2.20% at the moment leaves the stock -1.53% off its SMA200. BP registered 2.33% gain for a year compared to 6-month loss of 2.33%. The firm has a 50-day simple moving average (SMA 50) of $29.689 and a 200-day simple moving average (SMA200) of $30.7202.
The stock witnessed a 4.60% gain in the last 1 month and extending the period to 3 months gives it a -3.48%, and is -0.30% 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 1.79% over the week and 2.18% over the month.
BP plc ADR (BP) has around 100500 employees, a market worth around $78.54B and $187.21B in sales. Fwd P/E is 10.47. Profit margin for the company is -0.64%. Distance from 52-week low is 19.92% and -19.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.98%).
The EPS is expected to shrink by -25.57% this year.
BP plc ADR (BP) Top Institutional Holders
1271.0 institutions hold shares in BP plc ADR (BP), with institutional investors hold 12.68% of the company’s shares. The shares outstanding are 2.63B, and float is at 2.60B with Short Float at 0.48%. Institutions hold 12.68% 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 0.549 of the shares totaling 15.18 million with a market value of $547.97 million.
