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

Blue Dolphin Energy (OTCMKTS:BDCO)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1.70 and traded as low as $1.20. Blue Dolphin Energy shares last traded at $1.37, with a volume of 23,560 shares traded.

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 stock has a market cap of $20.44 million, a price-to-earnings ratio of 5.27 and a beta of 0.38. The stock has a 50-day moving average price of $1.70 and a two-hundred day moving average price of $2.18.

Blue Dolphin Energy (OTCMKTS:BDCO) last posted its quarterly earnings data on Thursday, May 15th. The company reported $0.15 earnings per share for the quarter. Blue Dolphin Energy had a return on equity of 9.56% and a net margin of 1.15%.

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.