BHP Group (ASX:BHP) Stock Crosses Below 50 Day Moving Average of $38.61

BHP Group Ltd (ASX:BHP)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $38.61 and traded as low as $40.94. BHP Group shares last traded at $41.16, with a volume of 16,098,338 shares traded.

The stock has a market cap of $132.18 billion and a P/E ratio of 40.20. The company has a debt-to-equity ratio of 48.30, a current ratio of 2.55 and a quick ratio of 2.13. The business has a 50 day moving average price of A$38.69.

In other news, insider Ian Cockerill purchased 3,500 shares of the company’s stock in a transaction on Thursday, June 13th. The stock was bought at an average cost of A$19.25 ($13.65) per share, for a total transaction of A$67,375.00 ($47,783.69).

About BHP Group (ASX:BHP)

BHP Group discovers, acquires, develops, and markets natural resources worldwide. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical and energy coal.

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