Blue Dolphin Energy (OTCMKTS:BDCO) Stock Passes Below Fifty Day Moving Average of $5.71

Blue Dolphin Energy (OTCMKTS:BDCO)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $5.71 and traded as low as $3.95. Blue Dolphin Energy shares last traded at $4.05, with a volume of 967 shares traded.

Blue Dolphin Energy Price Performance

The company’s 50-day moving average is $5.61 and its 200-day moving average is $5.07. The firm has a market cap of $61.32 million, a price-to-earnings ratio of 2.94 and a beta of -0.03. The company has a current ratio of 1.01, a quick ratio of 0.46 and a debt-to-equity ratio of 0.13.

Blue Dolphin Energy (OTCMKTS:BDCO) last issued its earnings results on Wednesday, May 15th. The company reported $0.44 earnings per share for the quarter. Blue Dolphin Energy had a return on equity of 51.07% and a net margin of 5.64%. The firm had revenue of $91.02 million for the quarter.

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.