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

BP plc ADR (NYSE:BP) currently has a daily average trading volume of 11.15M but it saw 8070015 shares traded in last market. With a market cap of 84.02B USD, the company’s current market price of $32.20 came rising about 0.69 while comparing to the previous closing price of $31.98. 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 $31.72 while lowest mark touched by it was $32.5.

Taking a look at 20-day trading activity of BP plc ADR (BP) gives us an average price of $33.19, while its current price level is -20.30% below from 52-week high level whereas it is 15.73% 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 $32.07 while that of 200 days or SMA-200 reads an average of $32.52. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.07% during that period while stretching the period over a month that increases to 2.21%. 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 47.13 which implies that the stock is in neutral territory.

Over the week, BP’s stock price is moving 1.00% up while it is -6.45% when we observe its performance for the past one month. Year-to-date it is 8.93% up and over the past year, the stock is showing a downside performance of -11.56%.

The company is expected to be releasing its next quarterly report on 2025-Feb-10, for which analysts forecasted an EPS of 0.69 while estimate for next year EPS is 3.31. In next quarter, company is expected to be making quarterly sales of $43.37B as analysts are expecting the sales for current fiscal year at $184.15B and seeing the company making $182.45B in sales next year. Moreover, analysts are in estimates of $45.84B for current-quarter revenue.

Currently, BP plc ADR’s total number of outstanding shares is 2.64B with 0.00% of that held by the insiders while 11.60% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.31% and return on equity (ROE) at 0.59%. It has a price to earnings ratio (P/E ratio) of 407.59 while having a 8.67 of forward P/E ratio. Stock’s beta reads 0.41. Stock has a price to book (P/B) ratio of 1.44 while price to sale or P/S ratio amounts to 0.44. Its return on asset (ROA) is 0.14% on average.