BP PLC 9 Percent Preferred Shares (LON:BP.B) Stock Price Cross Above Two Hundred Day Moving Average – Time to Sell?

BP PLC 9 Percent Preferred Shares (LON:BP.B)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 155.48 ($2.00) and traded as high as GBX 159 ($2.05). BP PLC 9 Percent Preferred Shares shares last traded at GBX 158.85 ($2.05), with a volume of 26,208 shares.

BP PLC 9 Percent Preferred Shares Stock Up 2.2 %

The company has a debt-to-equity ratio of 79.91, a quick ratio of 0.62 and a current ratio of 1.24. The stock’s fifty day simple moving average is GBX 153.95 and its two-hundred day simple moving average is GBX 155.48. The company has a market capitalization of £31.79 billion, a price-to-earnings ratio of -2.22 and a beta of 0.49.

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.