Sunoco Logistics Partners LP (SXL) : During the past 4 weeks, traders have been relatively bearish on Sunoco Logistics Partners LP (SXL), hence the stock is down -3.96% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.1% relative to the S&P 500. The 4-week change in the price of the stock is -4.47% and the stock has fallen -2.94% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.55% and the 50-Day Moving Average is 2.77%.The 200 Day SMA reached 10.35%
Sunoco Logistics Partners LP (NYSE:SXL): After opening at $28.01, the stock dipped to an intraday low of $27.41 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $28.41 and the buying power remained strong till the end. The stock closed at $28.41 for the day, a gain of 2.05% for the day session. The total traded volume was 1,873,344. The stocks close on the previous trading day was $28.41.
Sunoco Logistics Partners LP (SXL) stock is expected to deviate a maximum of $2.92 from the average target price of $31.83 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $36 and the most muted being $26.
Sunoco Logistics Partners L.P. owns and operates a logistics business. The Company is engaged in the transport, terminalling and storage of crude oil, refined products and natural gas liquids (NGLs). In addition to logistics services, it also owns acquisition and marketing assets, which are used to facilitate the purchase and sale of crude oil, refined products and NGLs. The Company operates through four segments: Crude Oil Pipelines, transport crude oil in the southwest and midwest United States; Crude Oil Acquisition and Marketing, gathers, purchases, markets and sells crude oil in the mid-continent United States; Terminal Facilities, consist of crude oil, refined products and NGL terminals, and Products Pipelines, consist of crude oil, refined products and NGL terminals.