Blue Dolphin Energy (OTCMKTS:BDCO) Shares Pass Above 50 Day Moving Average – What’s Next?

Blue Dolphin Energy (OTCMKTS:BDCO)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $1.87 and traded as high as $2.03. Blue Dolphin Energy shares last traded at $1.92, with a volume of 2,455 shares trading hands.

Blue Dolphin Energy Price Performance

The stock has a market cap of $29.10 million, a P/E ratio of 7.50 and a beta of 0.32. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.32 and a current ratio of 1.28. The business has a 50 day simple moving average of $1.87 and a 200-day simple moving average of $2.73.

Blue Dolphin Energy (OTCMKTS:BDCO) last announced its quarterly earnings data on Tuesday, April 1st. The company reported ($0.26) EPS for the quarter. Blue Dolphin Energy had a return on equity of 9.56% and a net margin of 1.15%. The company had revenue of $74.73 million during the quarter.

Blue Dolphin Energy Company Profile

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.