BP plc ADR (NYSE: BP) – Time For Strategy Change?

BP plc ADR (NYSE:BP) currently has a daily average trading volume of 7.57M but it saw 7819387 shares traded in last market. With a market cap of 85.95B USD, the company’s current market price of $32.37 came rising about 0.87 while comparing to the previous closing price of $32.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $40.84 and as low as $30.52. In the recent trading on the day, stock has struck highest price mark of $32.145 while lowest mark touched by it was $32.635.

Taking a look at 20-day trading activity of BP plc ADR (BP) gives us an average price of $32.00, while its current price level is -20.74% below from 52-week high level whereas it is 6.06% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $33.19 while that of 200 days or SMA-200 reads an average of $35.65. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.88% during that period while stretching the period over a month that decreases to 1.64%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.15 which implies that the stock is in neutral territory.

Over the week, BP’s stock price is moving 2.18% up while it is -1.52% when we observe its performance for the past one month. Year-to-date it is -8.56% down and over the past year, the stock is showing a downside performance of -14.41%.

Currently, BP plc ADR’s total number of outstanding shares is 2.80B. Company’s return on investment (ROI) stands at 5.84% and return on equity (ROE) at 10.72%. It has a price to earnings ratio (P/E ratio) of 12.80 while having a 7.32 of forward P/E ratio. Stock’s beta reads 0.62. Stock has a price to book (P/B) ratio of 1.33 while price to sale or P/S ratio amounts to 0.43. Its return on asset (ROA) is 2.68% on average.