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

Blue Dolphin Energy Co. (OTCMKTS:BDCOGet Free Report)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.21 and traded as high as $6.95. Blue Dolphin Energy shares last traded at $6.36, with a volume of 43,628 shares.

Blue Dolphin Energy Trading Down 9.1%

The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.41 and a current ratio of 1.24. The business’s 50-day moving average price is $4.21 and its 200 day moving average price is $3.26. The company has a market cap of $94.89 million, a P/E ratio of 3.59 and a beta of 0.42.

Blue Dolphin Energy (OTCMKTS:BDCOGet Free Report) last released its quarterly earnings data on Friday, August 14th. The company reported $1.19 earnings per share (EPS) for the quarter. Blue Dolphin Energy had a return on equity of 73.06% and a net margin of 7.22%.

About Blue Dolphin Energy

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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.

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