Blue Dolphin Energy (OTCMKTS:BDCO) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

Blue Dolphin Energy Co. (OTCMKTS:BDCO) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1.29 and traded as low as $1.18. Blue Dolphin Energy shares last traded at $1.24, with a volume of 847 shares.

Blue Dolphin Energy Stock Performance

The business has a fifty day moving average of $1.29 and a 200-day moving average of $1.39. The company has a market cap of $18.50 million, a PE ratio of -2.30 and a beta of 0.46. The company has a current ratio of 0.68, a quick ratio of 0.21 and a debt-to-equity ratio of 0.13.

About Blue Dolphin Energy

Blue Dolphin Energy Company (OTCMKTS: BDCO) is an independent energy and marine transportation company headquartered in New Orleans, Louisiana. The firm focuses on the ownership, development and operation of refined petroleum product terminals and related infrastructure along the U.S. Gulf Coast. Its primary asset is a deepwater dock and storage terminal situated at Port Fourchon, Louisiana, which supports the loading and unloading of a variety of refined hydrocarbon products.

The company’s Port Fourchon facility features multiple above-ground storage tanks and a dedicated dock capable of accommodating oceangoing vessels, barges and offshore supply ships.