Delek US Holdings Inc (NYSE:DK) shares, rose in value on Thursday, March 06, with the stock price down by -2.95% to the previous day’s close as strong demand from buyers drove the stock to $14.78.
Actively observing the price movement in the last trading, the stock closed the session at $15.23. Referring to stock’s 52-week performance, its high was $33.60, and the low was $14.04. On the whole, DK has fluctuated by -24.21% over the past month.
With the market capitalization of Delek US Holdings Inc currently standing at about $923.95 million, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.26, with its dividend yield at 8.53%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 10.09B, with a low estimate of 2.18B and a high estimate of 2.99B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.52B.
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 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of DK currently trading nearly -13.37% and -17.29% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.35, while the 7-day volatility ratio is showing 6.44% which for the 30-day chart, stands at 5.56%. Furthermore, Delek US Holdings Inc (DK)’s beta value is 1.03, and its average true range (ATR) is 0.94.
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 -2.95% in last session, and over the past year, it shrunk by -42.36%%.
Data on historical trading for Delek US Holdings Inc (NYSE:DK) indicates that the trading volumes over the past 3 months, they’ve averaged 1.34 million. According to company’s latest data on outstanding shares, there are 62.55 million shares outstanding.
Nearly 2.60% of Delek US Holdings Inc’s shares belong to company insiders and institutional investors own 111.41% of the company’s shares. The stock has fallen by -20.11% 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.
