Blue Dolphin Energy (OTCMKTS:BDCO) Stock Crosses Above Fifty Day Moving Average of $4.33

Blue Dolphin Energy (OTCMKTS:BDCO)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.33 and traded as high as $5.10. Blue Dolphin Energy shares last traded at $5.01, with a volume of 9,114 shares traded.

Blue Dolphin Energy Stock Up 2.4 %

The firm has a market capitalization of $74.75 million, a PE ratio of 2.39 and a beta of 0.24. The business’s fifty day moving average price is $4.33 and its 200 day moving average price is $4.31. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 0.41.

Blue Dolphin Energy (OTCMKTS:BDCO) last posted its quarterly earnings data on Monday, August 14th. The company reported ($0.10) earnings per share for the quarter. The firm had revenue of $68.88 million during the quarter. Blue Dolphin Energy had a net margin of 7.32% and a return on equity of 240.40%.

About Blue Dolphin Energy

Blue Dolphin Energy Company engages in the refining and marketing of petroleum products in the United States. The company operates in two segments, Refinery Operations and Tolling and Terminaling. It produces finished products, including jet fuel, as well as various intermediate products, such as naphtha, heavy oil-based mud blendstock, and atmospheric gas oil; and conducts tolling and terminaling services for third parties at the Nixon facility.