Delek US Holdings Inc (NYSE:DK) shares, rose in value on Thursday, May 08, with the stock price up by 8.76% to the previous day’s close as strong demand from buyers drove the stock to $15.27.
Actively observing the price movement in the last trading, the stock closed the session at $14.04. Referring to stock’s 52-week performance, its high was $28.91, and the low was $11.02. On the whole, DK has fluctuated by 32.21% over the past month.
With the market capitalization of Delek US Holdings Inc currently standing at about $944.70 million, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.01, with its dividend yield at 6.65%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 10.4B, with a low estimate of 2.47B and a high estimate of 3.1B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.68B.
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% 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 15.67% and 6.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 63.02, while the 7-day volatility ratio is showing 6.33% which for the 30-day chart, stands at 6.47%. Furthermore, Delek US Holdings Inc (DK)’s beta value is 0.78, and its average true range (ATR) is 0.90.
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 8.76% in last session, and over the past year, it shrunk by -42.79%%.
Data on historical trading for Delek US Holdings Inc (NYSE:DK) indicates that the trading volumes over the past 3 months, they’ve averaged 1.68 million. According to company’s latest data on outstanding shares, there are 60.63 million shares outstanding.
Nearly 2.87% of Delek US Holdings Inc’s shares belong to company insiders and institutional investors own 109.55% of the company’s shares. The stock has fallen by -17.46% 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.
