Blue Dolphin Energy (OTCMKTS:BDCO) Stock Crosses Above 50-Day Moving Average of $5.76

Blue Dolphin Energy (OTCMKTS:BDCO) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $5.76 and traded as high as $7.35. Blue Dolphin Energy shares last traded at $7.35, with a volume of 2,651 shares trading hands.

Blue Dolphin Energy Price Performance

The company has a debt-to-equity ratio of 0.19, a current ratio of 0.89 and a quick ratio of 0.45. The stock has a market capitalization of $109.66 million, a price-to-earnings ratio of 3.53 and a beta of 0.09. The stock’s 50 day simple moving average is $5.76 and its 200-day simple moving average is $4.94.

Blue Dolphin Energy (OTCMKTS:BDCO) last released its quarterly earnings data on Monday, April 1st. The company reported $0.59 earnings per share (EPS) for the quarter. The business had revenue of $107.96 million during the quarter. Blue Dolphin Energy had a net margin of 7.83% and a return on equity of 91.40%.

About Blue Dolphin Energy

Blue Dolphin Energy Company, an independent downstream energy company, engages in the refining and marketing of petroleum products in the United States. It operates through two segments, Refinery Operations, and Tolling and Terminaling. The company produces finished products, including jet fuel, as well as various intermediate products, such as naphtha, heavy oil mud blendstock, and atmospheric gas oil; and conducts tolling and terminaling services at the Nixon facility.