BP PLC 9 Percent Preferred Shares (LON:BP.B) Stock Pass Below 50 Day Moving Average – Here’s Why

Shares of BP PLC 9 Percent Preferred Shares (LON:BP.B) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 153.85 ($1.87) and traded as low as GBX 148.50 ($1.81). BP PLC 9 Percent Preferred Shares shares last traded at GBX 149 ($1.81), with a volume of 534 shares.

BP PLC 9 Percent Preferred Shares Price Performance

The company has a current ratio of 1.24, a quick ratio of 0.62 and a debt-to-equity ratio of 79.91. The company has a market capitalization of £29.79 billion, a PE ratio of -2.08 and a beta of 0.49. The stock’s 50-day moving average is GBX 153.62 and its two-hundred day moving average is GBX 156.56.

About BP PLC 9 Percent Preferred Shares

We deliver energy products and services to our customers around the world, and we plan to do so increasingly in ways that we believe will help drive the transition to a lower carbon future.

We have operations in Europe, North and South America, Australasia, Asia and Africa.