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

Blue Dolphin Energy Co. (OTCMKTS:BDCOGet Free Report)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $1.29 and traded as high as $1.65. Blue Dolphin Energy shares last traded at $1.50, with a volume of 2,371 shares traded.

Blue Dolphin Energy Stock Performance

The stock’s 50 day moving average is $1.31 and its two-hundred day moving average is $1.39. The stock has a market capitalization of $29.24 million, a price-to-earnings ratio of -3.63 and a beta of 0.38. The company has a current ratio of 0.68, a quick ratio of 0.21 and a debt-to-equity ratio of 0.13.

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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