Blue Dolphin Energy (OTCMKTS:BDCO) Shares Cross Above 50-Day Moving Average – Time to Sell?

Blue Dolphin Energy Co. (OTCMKTS:BDCOGet Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $1.29 and traded as high as $1.65. Blue Dolphin Energy shares last traded at $1.50, with a volume of 2,371 shares changing hands.

Blue Dolphin Energy Stock Down 9.1%

The business has a 50 day moving average of $1.29 and a two-hundred day moving average of $1.38. The stock has a market capitalization of $22.38 million, a PE ratio of -2.78 and a beta of 0.38. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.21 and a current ratio of 0.68.

About Blue Dolphin Energy

(Get Free Report)

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.

Read More

Receive News & Ratings for Blue Dolphin Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Dolphin Energy and related companies with MarketBeat.com's FREE daily email newsletter.