BP p.l.c. (BP) Shares are Down -3.63%

BP p.l.c. (BP) : During the past 4 weeks, traders have been relatively bearish on BP p.l.c. (BP), hence the stock is down -9.95% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.04% relative to the S&P 500. The 4-week change in the price of the stock is -7.71% and the stock has fallen -3.63% in the past 1 week.

BP p.l.c. (NYSE:BP): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.27 and $32.96 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $33.31. The buying momentum continued till the end and the stock did not give up its gains. It closed at $33.15, notching a gain of 0.45% for the day. The total traded volume was 6,104,672 . The stock had closed at $33.00 on the previous day.

The stock has recorded a 20-day Moving Average of 4.21% and the 50-Day Moving Average is 0.66%. BP p.l.c. is up 6.89% in the last 3-month period. Year-to-Date the stock performance stands at 12.34%.

BP p.l.c. (BP) : The highest short term price target forecast on BP p.l.c. (BP) is $46 and the lowest target price is $32. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $38.43 with a standard deviation of $5.13.


BP p.l.c. (BP) is an integrated oil and gas company. The Company provides its customers with fuel for transportation, energy for heat and light, lubricants and the petrochemicals products used to make everyday items, including paints, clothes and packaging. The Company operates in three business segments: Upstream, Downstream and Rosneft. The Upstream segments activities include oil and natural gas exploration, field development and production; midstream transportation, storage and processing, and the marketing and trading of natural gas, including liquefied natural gas (LNG), together with power and natural gas liquids (NGLs). The Companys Downstream segments activities include the refining, manufacturing, marketing, transportation, and supply and trading of crude oil, petroleum, petrochemicals products and related services to wholesale and retail customers. BPs interest in Rosneft, an oil company in Russia, is reported as a separate operating segment.

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