BP plc ADR (NYSE:BP) shares, rose in value, with the stock price up by 2.87% to the previous day’s close as strong demand from buyers drove the stock to $29.41.
Actively observing the price movement in the recent trading, the stock is buoying the session at $28.59. Referring to stock’s 52-week performance, its high was $38.44, and the low was $25.22. On the whole, BP has fluctuated by 5.41% over the past month.
With the market capitalization of BP plc ADR currently standing at about $76.85 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.88, with its dividend yield at 6.38%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BP’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of BP currently trading nearly 4.14% and -3.92% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.08, while the 7-day volatility ratio is showing 2.22% which for the 30-day chart, stands at 3.02%. Furthermore, BP plc ADR (BP)’s beta value is 0.49, and its average true range (ATR) is 0.90.
A comparison of BP plc ADR (BP) with its peers suggests the former has fared considerably weaker in the market. BP showed an intraday change of 2.87% in today’s session so far, and over the past year, it shrunk by -21.74%%.
Data on historical trading for BP plc ADR (NYSE:BP) indicates that the trading volumes over the past 3 months, they’ve averaged 13.23 million. According to company’s latest data on outstanding shares, there are 2.63 billion shares outstanding.
Nearly 0.00% of BP plc ADR’s shares belong to company insiders and institutional investors own 11.66% of the company’s shares. The stock has fallen by -0.51% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BP stock heading into the next quarter.
