BP p.l.c.s in-depth stock price analysis indicates that the stock price has rallied 2.65% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 1.08% . Looking at the past 52 week period, the stock price is up at 18.99% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of BP p.l.c. has a positive value of 23.86 compared to overall market. BP p.l.c. (NYSE:BP) has tumbled 3.87% during the past week and has dropped 8.31% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.65%. BP p.l.c. (NYSE:BP) has underperformed the index by 9.95% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
BP p.l.c. (NYSE:BP) : On Friday heightened volatility was witnessed in BP p.l.c. (NYSE:BP) which led to swings in the share price. The stock opened for trading at $34.65 and hit $34.7062 on the upside , eventually ending the session at $34.53, with a gain of 0.26% or 0.09 points. The heightened volatility saw the trading volume jump to 6,389,815 shares. The 52-week high of the share price is $38.68 and the company has a market cap of $108,867 million. The 52-week low of the share price is at $27.01 .
BP plc (ADR) Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.13 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $0.04. The company had revenue of $51007.00 million for the quarter, compared to analysts expectations of $49913.40 million. The companys revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.BP plc (ADR) was Upgraded by Societe Generale to Buy on Jan 30, 2017. BP plc (ADR) was Upgraded by Credit Suisse to Outperform on Nov 30, 2016. BP plc (ADR) was Downgraded by CLSA to Outperform on Nov 15, 2016.
BP p.l.c. is the holding company of one of the worlds largest petroleum and petrochemicals groups. Their main activities are exploration and production of crude oil and natural gas; refining, marketing, supply and transportation; and manufacturing and marketing of petrochemicals. They have a growing activity in gas and power and in solar power generation. BP has well-established operations in Europe, North and South America, Australasia and Africa.