Blue Dolphin Energy (OTCMKTS:BDCO) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Blue Dolphin Energy Co. (OTCMKTS:BDCO)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.48 and traded as high as $2.70. Blue Dolphin Energy shares last traded at $2.57, with a volume of 11,568 shares traded.

Blue Dolphin Energy Trading Up 0.8%

The company has a market capitalization of $38.34 million, a P/E ratio of -4.76 and a beta of 0.38. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.21 and a current ratio of 0.68. The stock has a fifty day moving average of $1.48 and a 200 day moving average of $1.43.

About Blue Dolphin Energy

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.