Blue Dolphin Energy (OTCMKTS:BDCO) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Blue Dolphin Energy Co. (OTCMKTS:BDCO)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $3.82 and traded as high as $4.24. Blue Dolphin Energy shares last traded at $4.1068, with a volume of 7,299 shares.

Blue Dolphin Energy Stock Down 1.1%

The company has a market cap of $57.60 million, a P/E ratio of 8.39 and a beta of 0.38. The company has a quick ratio of 0.41, a current ratio of 0.91 and a debt-to-equity ratio of 0.06. The firm has a fifty day moving average price of $3.82 and a 200 day moving average price of $2.65.

Blue Dolphin Energy (OTCMKTS:BDCO) last released its quarterly earnings results on Friday, May 15th. The company reported $0.99 earnings per share (EPS) for the quarter. Blue Dolphin Energy had a return on equity of 28.59% and a net margin of 2.48%.

Blue Dolphin Energy Company Profile

Blue Dolphin Energy Company (OTCMKTS: BDCO) is an independent energy and marine transportation company headquartered in New Orleans, Louisiana. The firm focuses on the ownership, development and operation of refined petroleum product terminals and related infrastructure along the U.S. Gulf Coast. Its primary asset is a deepwater dock and storage terminal situated at Port Fourchon, Louisiana, which supports the loading and unloading of a variety of refined hydrocarbon products.

The company’s Port Fourchon facility features multiple above-ground storage tanks and a dedicated dock capable of accommodating oceangoing vessels, barges and offshore supply ships.