Delek US Holdings Inc (NYSE:DK) shares, rose in value, with the stock price up by 0.14% to the previous day’s close as strong demand from buyers drove the stock to $29.34.
Actively observing the price movement in the last trading, the stock closed the session at $29.30. The PE ratio was 133.67 over 12-month period. Referring to stock’s 52-week performance, its high was $33.60, and the low was $19.39. On the whole, DK has fluctuated by -4.31% over the past month.
The company’s Forward Dividend Ratio is 0.95, with its dividend yield at 3.24%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 13.82B, with a low estimate of 2.7B and a high estimate of 4.39B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.28B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DK’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1336.67, with the price of DK currently trading nearly -5.16% and 0.88% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.63, while the 7-day volatility ratio is showing 2.11% which for the 30-day chart, stands at 2.94%. Furthermore, Delek US Holdings Inc (DK)’s beta value is 1.33, and its average true range (ATR) is 0.85.
A comparison of Delek US Holdings Inc (DK) with its peers suggests the former has fared considerably weaker in the market. DK showed an intraday change of 0.14% in last session, and over the past year, it grew by 36.97%%.
Data on historical trading for Delek US Holdings Inc (NYSE:DK) indicates that the trading volumes over the past 3 months, they’ve averaged 1.07 million. According to company’s latest data on outstanding shares, there are 63.96 million shares outstanding.
Nearly 2.79% of Delek US Holdings Inc’s shares belong to company insiders and institutional investors own 103.07% of the company’s shares. The stock has risen by 13.72% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DK stock heading into the next quarter.
