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Home / Stocks and Markets at Lows / BP PLC (BP.L) 09-03-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

BP PLC (BP.L) 09-03-20

Shares in BP PLC (BP.L) have fallen dramatically from recent highs of 582.5p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • This stock is one of the more significant fallers in the period.
  • Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Is the trend your friend, or is a bounce imminent?
  • The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
  • Now trading at 320.4p (at time of writing). A return to previous highs would represent a rise of 81%.
  • Shares -45% from 12-month highs; +-1% from 12 month lows.

 

 

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