Blue Dolphin Energy (OTCMKTS:BDCO) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Blue Dolphin Energy Co. (OTCMKTS:BDCO)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $3.85 and traded as high as $4.3040. Blue Dolphin Energy shares last traded at $4.27, with a volume of 70,672 shares trading hands.

Blue Dolphin Energy Trading Down 1.4%

The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.41 and a current ratio of 0.91. The firm has a market cap of $63.71 million, a PE ratio of 9.28 and a beta of 0.38. The stock’s 50 day simple moving average is $3.85 and its 200 day simple moving average is $2.75.

Blue Dolphin Energy (OTCMKTS:BDCO) last posted its quarterly earnings data on Friday, May 15th. The company reported $0.99 earnings per share for the quarter. Blue Dolphin Energy had a net margin of 2.48% and a return on equity of 28.59%.

Blue Dolphin Energy Company Profile

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.