Blue Dolphin Energy (OTCMKTS:BDCO) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Blue Dolphin Energy (OTCMKTS:BDCOGet Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $3.95 and traded as low as $3.32. Blue Dolphin Energy shares last traded at $3.32, with a volume of 113 shares changing hands.

Blue Dolphin Energy Stock Performance

The company has a fifty day moving average of $3.93 and a two-hundred day moving average of $4.49. The company has a current ratio of 1.55, a quick ratio of 0.31 and a debt-to-equity ratio of 0.74.

Blue Dolphin Energy (OTCMKTS:BDCOGet Free Report) last announced its earnings results on Wednesday, August 14th. The company reported ($0.43) earnings per share for the quarter. Blue Dolphin Energy had a net margin of 4.34% and a return on equity of 39.12%. The firm had revenue of $69.66 million during the quarter.

Blue Dolphin Energy Company Profile

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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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