BP PLC 9 Percent Preferred Shares (LON:BP.B) Share Price Pass Below 50 Day Moving Average – Time to Sell?

BP PLC 9 Percent Preferred Shares (LON:BP.B) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 164.47 and traded as low as GBX 163.15. BP PLC 9 Percent Preferred Shares shares last traded at GBX 163.15, with a volume of 8,294 shares traded.

BP PLC 9 Percent Preferred Shares Stock Down 0.5%

The stock has a market cap of £32.65 billion, a P/E ratio of -2.28 and a beta of 0.49. The firm has a 50 day simple moving average of GBX 164.47 and a 200-day simple moving average of GBX 166. The company has a quick ratio of 0.62, a current ratio of 1.24 and a debt-to-equity ratio of 79.91.

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.