Blue Dolphin Energy (OTCMKTS:BDCO) Stock Passes Above Fifty Day Moving Average – What’s Next?

Shares of Blue Dolphin Energy Co. (OTCMKTS:BDCO) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $3.88 and traded as high as $4.20. Blue Dolphin Energy shares last traded at $4.20, with a volume of 7,630 shares traded.

Blue Dolphin Energy Stock Up 1.4%

The firm’s fifty day moving average price is $3.88 and its 200-day moving average price is $3.03. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.91 and a quick ratio of 0.41. The firm has a market capitalization of $62.66 million, a P/E ratio of 9.13 and a beta of 0.42.

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

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.