Blue Dolphin Energy (OTCMKTS:BDCO) Shares Pass Below 200 Day Moving Average – Here’s Why

Blue Dolphin Energy (OTCMKTS:BDCOGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.91 and traded as low as $2.49. Blue Dolphin Energy shares last traded at $2.63, with a volume of 12,853 shares traded.

Blue Dolphin Energy Stock Performance

The firm has a 50 day moving average of $3.43 and a two-hundred day moving average of $3.91. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.28 and a quick ratio of 0.32. The stock has a market cap of $39.24 million, a PE ratio of 10.12 and a beta of -0.03.

About Blue Dolphin Energy

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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.

Further Reading

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