Shares of BP p.l.c. (NYSE:BP) Sees Large Inflow of Net Money Flow

BP p.l.c. (NYSE:BP) had a weak trading session and its shares were last down at $31.99, down -0.24% or -0.73 points. The trading data also revealed that the total net flow stood at $1.96 million as the shares had $18.31 million in upticks but lost $16.34 million in downticks. The up/down ratio was 1.12. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of 0.33% in the shares.The block trade data suggests an inflow of $3.75 million in upticks and an outflow of $1.61 million in downticks. The up/down ratio for the block stood at 2.33. The net money flow for this transaction was recorded at $2.14.


Currently the company Insiders own 1% of BP p.l.c. shares according to the proxy statements. Institutional Investors own 10.96% of BP p.l.c. shares.

BP p.l.c. (NYSE:BP) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.36 points or 1.12% at $31.86 with 8,540,462 shares getting traded. Post opening the session at $31.79, the shares hit an intraday low of $31.72 and an intraday high of $32.315 and the price was in this range throughout the day. The company has a market cap of $98,992 million and the number of outstanding shares have been calculated to be 3,107,093,800 shares. The 52-week high of BP p.l.c. (NYSE:BP) is $42.2 and the 52-week low is $27.01.

Many analysts have stated their opinion on the company shares. Nomura initiates coverage on BP p.l.c. (NYSE:BP). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on March 18, 2016.

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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