Blue Dolphin Energy (OTCMKTS:BDCO) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Blue Dolphin Energy Co. (OTCMKTS:BDCO)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 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 Performance

The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.41 and a current ratio of 0.91. The company has a market cap of $59.68 million, a PE ratio of 8.70 and a beta of 0.42. The company’s 50 day moving average price is $3.88 and its 200-day moving average price is $2.95.

Blue Dolphin Energy (OTCMKTS:BDCO) last posted its quarterly earnings data on Friday, May 15th. The company reported $0.99 EPS 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.