BP Prudhoe Bay Royalty Trust (BPT) Stock: What Does the Chart Say Monday?

The market has been down on BP Prudhoe Bay Royalty Trust (BPT) stock recently. BPT gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

BP Prudhoe Bay Royalty Trust has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on BPT!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With BPT Stock Today?

BP Prudhoe Bay Royalty Trust (BPT) stock is higher by 8.61% while the S&P 500 has fallen -0.49% as of 11:01 AM on Monday, Oct 9. BPT is up $0.42 from the previous closing price of $4.88 on volume of 198,738 shares. Over the past year the S&P 500 has risen 18.68% while BPT has fallen -60.74%. BPT earned $2.39 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 2.22. To screen for more stocks like BP Prudhoe Bay Royalty Trust click here.

More About BP Prudhoe Bay Royalty Trust

BP Prudhoe Bay Royalty Trust is a grantor trust operating in the US. The property of the Trust consists of an overriding royalty interest. The Royalty Interest entitles the Trust to receive the royalty from the production of crude oil and condensate from the working interest of BP Exploration (Alaska) Inc. in the Prudhoe Bay oil field located on the North Slope of Alaska. Click Here to get the full Stock Report for BP Prudhoe Bay Royalty Trust stock.