Blue Dolphin Energy (OTCMKTS:BDCO) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Blue Dolphin Energy (OTCMKTS:BDCO) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 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.

Blue Dolphin Energy Price Performance

The firm 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 debt-to-equity ratio of 0.74, a current ratio of 1.55 and a quick ratio of 0.31. The stock’s fifty day moving average price is $4.01 and its 200-day moving average price is $4.71.

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