BP Prudhoe Bay Royalty Trust (BPT) saw an uptrend of 26.98% in the recent trading with $0.71 being its most recent. The current price level -77.94% lower than the highest price of $3.20 marked by the stock while trading over the past 52-weeks, whereas it is 36.87% higher than the lowest price of $0.52 the company dropped to over past 52-weeks. The latest news story on BPT appeared in (Business Wire) under the title “BP Prudhoe Bay Royalty Trust Announces No Unit Payment for the Third Quarter of 2024”.
Squeezing the time span to 30 day period shows us the stock is currently trading -32.06% below one month high and is +36.87% above of the lowest during that time. Looking into the simple moving average, BP Prudhoe Bay Royalty Trust (BPT)’s stock stands at a SMA-50 of $0.9280 while that of 5-day is reading $0.5932.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and BPT’s SMA-200 as of now is $1.7180.
BP Prudhoe Bay Royalty Trust Earnings – What Happened With BPT
Coming around sales and income figures on BPT Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
BPT – BP Prudhoe Bay Royalty Trust Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 21.40 million. BPT does have institutional investors; and they hold 5.10% of the stock.
BP Prudhoe Bay Royalty Trust – Insider Activity and Holdings
As on 2024-06-30, CREATIVE PLANNING was the top most holder in BP Prudhoe Bay Royalty Trust (NYSE:BPT) with an ownership of 0.27 million shares of the company or 1.2619 of the stake worth $0.67 million. The filing also reveals OPPENHEIMER & CO INC as the second largest holder in the company with a control over 0.7706 of the outstanding shares. Its stake is worth $0.41 million for having 0.16 million shares in hand.
TWO SIGMA INVESTMENTS, LP also came holding a key position in the company during the recent quarter and it now holds 0.6065 of the outstanding shares. With this there are now 56.0 institutions which have possession in BPT’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, BP Prudhoe Bay Royalty Trust has a debt to equity ratio of 0.00.
Technical Analysis of BP Prudhoe Bay Royalty Trust (NYSE:BPT) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for BP Prudhoe Bay Royalty Trust (BPT), we notice that the stock’s 20-day average volume is at 364,240 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 284,190 shares. And to end, BPT’s 100-day average volume is 219,393 shares with 100% of the long-term indicators pointing towards Sell for the stock.
