Blue Dolphin Energy (OTCMKTS:BDCO) Shares Cross Below 50-Day Moving Average – Here’s What Happened

Shares of Blue Dolphin Energy (OTCMKTS:BDCO) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $2.44 and traded as low as $1.98. Blue Dolphin Energy shares last traded at $1.98, with a volume of 1,286 shares.

Blue Dolphin Energy Price Performance

The company has a current ratio of 1.28, a quick ratio of 0.32 and a debt-to-equity ratio of 0.81. The firm has a market cap of $29.55 million, a PE ratio of 7.62 and a beta of 0.22. The stock has a 50 day simple moving average of $2.44 and a 200-day simple moving average of $3.18.

Blue Dolphin Energy Company Profile

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.