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BP plc ADR (NYSE: BP) closed the day trading at $34.65 down -0.86% from the previous closing price of $34.95. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 7.19 million shares were traded. BP stock price reached its highest trading level at $35.276 during the session, while it also had its lowest trading level at $34.62.
Ratios:
For a better understanding of BP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.56. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.81.
On July 15, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $49.90 to $41.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BP now has a Market Capitalization of 96222011392 and an Enterprise Value of 627567886336. As of this moment, BP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.91, and their Forward P/E ratio for the next fiscal year is 6.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 3.121 whereas that against EBITDA is 16.507.
Stock Price History:
The Beta on a monthly basis for BP is 0.64, which has changed by -0.054828167 over the last 52 weeks, in comparison to a change of 0.19608545 over the same period for the S&P500. Over the past 52 weeks, BP has reached a high of $40.84, while it has fallen to a 52-week low of $33.52. The 50-Day Moving Average of the stock is -4.10%, while the 200-Day Moving Average is calculated to be -5.25%.
Shares Statistics:
Over the past 3-months, BP traded about 7.35M shares per day on average, while over the past 10 days, BP traded about 6889900 shares per day. A total of 2.80B shares are outstanding, with a floating share count of 2.75B. Insiders hold about 0.00% of the company’s shares, while institutions hold 11.75% stake in the company. Shares short for BP as of 1719532800 were 5758624 with a Short Ratio of 0.78, compared to 1717113600 on 6563862.
Dividends & Splits
BP’s forward annual dividend rate is 1.74, up from 0.291 a year ago. Against a Trailing Annual Dividend Yield of 0.00832618The stock’s 5-year Average Dividend Yield is 5.98. The current Payout Ratio is 32.00% for BP, which recently paid a dividend on 2024-05-16 with an ex-dividend date of 1715817600. Stock splits for the company last occurred on 1999-10-04 when the company split stock in a 2:1 ratio.
