Blue Dolphin Energy (OTCMKTS:BDCO) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

Blue Dolphin Energy (OTCMKTS:BDCO) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.02 and traded as low as $3.72. Blue Dolphin Energy shares last traded at $3.72, with a volume of 114 shares changing hands.

Blue Dolphin Energy Price Performance

The company has a market cap of $56.25 million, a price-to-earnings ratio of 3.52 and a beta of -0.02. The company has a fifty day simple moving average of $4.01 and a two-hundred day simple moving average of $4.71. The company has a quick ratio of 0.31, a current ratio of 1.55 and a debt-to-equity ratio of 0.74.

Blue Dolphin Energy (OTCMKTS:BDCO) last released its earnings results on Wednesday, August 14th. The company reported ($0.43) earnings per share (EPS) for the quarter. The company had revenue of $69.66 million during the quarter. Blue Dolphin Energy had a net margin of 4.34% and a return on equity of 39.12%.

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.