Blue Dolphin Energy (OTCMKTS:BDCO) Stock Passes Above 50 Day Moving Average – Should You Sell?

Blue Dolphin Energy Co. (OTCMKTS:BDCO) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $3.87 and traded as high as $4.3920. Blue Dolphin Energy shares last traded at $4.10, with a volume of 30,040 shares trading hands.

Blue Dolphin Energy Stock Down 4.7%

The company has a debt-to-equity ratio of 0.06, a current ratio of 0.91 and a quick ratio of 0.41. The business has a 50 day simple moving average of $3.87 and a 200 day simple moving average of $2.91. The stock has a market cap of $61.17 million, a PE ratio of 8.91 and a beta of 0.42.

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

About Blue Dolphin Energy

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.