Blue Dolphin Energy (OTCMKTS:BDCO) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Blue Dolphin Energy (OTCMKTS:BDCOGet Free Report)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $2.35 and traded as low as $1.90. Blue Dolphin Energy shares last traded at $1.90, with a volume of 400 shares trading hands.

Blue Dolphin Energy Stock Down 5.0 %

The company has a debt-to-equity ratio of 0.81, a current ratio of 1.28 and a quick ratio of 0.32. The firm has a market cap of $28.35 million, a PE ratio of 7.31 and a beta of 0.22. The company has a 50-day simple moving average of $2.35 and a 200-day simple moving average of $3.08.

About Blue Dolphin Energy

(Get Free Report)

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.

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