The Week Ahead: Are Investors Really Too Optimistic About BP plc ADR (NYSE: BP)

BP plc ADR (NYSE:BP) currently has a daily average trading volume of 9.75M but it saw 7548036 shares traded in last market. With a market cap of 78.58B USD, the company’s current market price of $30.15 came falling about -0.59 while comparing to the previous closing price of $30.33. In past 52 weeks, the stock remained buoying in the range of price level as high as $40.40 and as low as $27.82. In the recent trading on the day, stock has struck highest price mark of $30.08 while lowest mark touched by it was $30.43.

Taking a look at 20-day trading activity of BP plc ADR (BP) gives us an average price of $29.38, while its current price level is -25.37% below from 52-week high level whereas it is 8.36% 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 $30.22 while that of 200 days or SMA-200 reads an average of $34.39. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.56% during that period while stretching the period over a month that decreases to 1.45%. 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 55.13 which implies that the stock is in neutral territory.

Over the week, BP’s stock price is moving 3.47% up while it is 7.07% when we observe its performance for the past one month. Year-to-date it is -14.83% down and over the past year, the stock is showing a downside performance of -13.26%.

Currently, BP plc ADR’s total number of outstanding shares is 2.69B. Company’s return on investment (ROI) stands at 2.15% and return on equity (ROE) at 3.95%. It has a price to earnings ratio (P/E ratio) of 31.81 while having a 7.98 of forward P/E ratio. Stock’s beta reads 0.62. Stock has a price to book (P/B) ratio of 1.25 while price to sale or P/S ratio amounts to 0.40. Its return on asset (ROA) is 0.99% on average.