BP plc ADR [NYSE: BP] traded at a low on Monday, posting a -0.22 loss after which it closed the day’ session at $31.22.
The results of the trading session contributed to over 9697249 shares changing hands. Over the past one week, the price volatility of BP plc ADR stands at 1.87% while the volatility over the past one month is 1.59%.
The market cap for BP stock reached $82.32 billion, with 2.69 billion shares outstanding and 2.64 billion shares in the current float. Compared to the average trading volume of 9.76M shares, BP reached a trading volume of 9697249 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about BP plc ADR [BP]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BP shares is $37.23 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BP stock is a recommendation set at 2.24. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Scotiabank have made an estimate for BP plc ADR shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on October 10, 2024. The new note on the price target was released on October 09, 2024, representing the official price target for BP plc ADR stock.
The Average True Range (ATR) for BP plc ADR is set at 0.60, with the Price to Sales ratio for BP stock in the period of the last 12 months amounting to 0.42. The Price to Book ratio for the last quarter was 1.30, with the Price to Cash per share for the same quarter was set at 13.18. Price to Free Cash Flow for BP in the course of the last twelve months was 6.05 with Quick ratio for the last quarter at 0.94.
How has BP stock performed recently?
BP plc ADR [BP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.46. With this latest performance, BP shares gained by 3.72% in over the last four-week period, additionally sinking by -11.28% over the last 6 months – not to mention a drop of -10.03% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BP stock in for the last two-week period is set at 63.61, with the RSI for the last a single of trading hit 67.56, and the three-weeks RSI is set at 59.54 for BP plc ADR [BP]. The present Moving Average for the last 50 days of trading for this stock 29.49, while it was recorded at 31.30 for the last single week of trading, and 33.70 for the last 200 days.
BP plc ADR [BP]: Deeper insight into the fundamentals
BP plc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.94 and a Current Ratio set at 1.22.
Earnings analysis for BP plc ADR [BP]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for BP plc ADR go to 3.00%.
Insider trade positions for BP plc ADR [BP]
There are presently around $11.35%, or 11.35%% of BP stock, in the hands of institutional investors. The top three institutional holders of BP stocks are: FISHER ASSET MANAGEMENT, LLC with ownership of 21.81 million shares, which is approximately 0.7813%. ARROWSTREET CAPITAL, LIMITED PARTNERSHIP, holding 21.76 million shares of the stock with an approximate value of $$785.46 million in BP stocks shares; and ARROWSTREET CAPITAL, LIMITED PARTNERSHIP, currently with $$769.35 million in BP stock with ownership which is approximately 0.7633%.
