Alon USA Energy (NYSE:ALJ) : During the past 4 weeks, traders have been relatively bearish on Alon USA Energy (NYSE:ALJ), hence the stock is down -17.33% 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 -6.64% relative to the S&P 500. The 4-week change in the price of the stock is -16% and the stock has fallen -5.45% in the past 1 week.
The company shares have dropped -67.17% from its 1 Year high price. On Aug 13, 2015, the shares registered one year high at $23.29 and the one year low was seen on Jul 6, 2016. The 50-Day Moving Average price is $7.01 and the 200 Day Moving Average price is recorded at $10.07.
The stock has recorded a 20-day Moving Average of 4.72% and the 50-Day Moving Average is 19.26%.
Alon USA Energy (NYSE:ALJ): stock turned positive on Friday. Though the stock opened at $6.14, the bulls momentum made the stock top out at $6.3599 level for the day. The stock recorded a low of $5.9 and closed the trading day at $6.25, in the green by 2.97%. The total traded volume for the day was 1,703,673. The stock had closed at $6.07 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Alon Usa Energy, Inc., Wheeler Franklin R., had purchased 2,000 shares in a transaction dated on May 19, 2016. The transaction was executed at $7.91 per share with total amount equaling $15,820.
Alon USA Energy, Inc. is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Companys crude oil refineries are located in Texas, Louisiana and California and have a combined crude oil throughput capacity of approximately 217,000 barrels per day (bpd). The Company has three operating segments: refining and marketing, asphalt and retail. Its refineries produce petroleum products including various grades of gasoline, diesel fuel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt and other petroleum-based products. The Companys refining and marketing segment includes sour crude oil refinery located in Big Spring, Texas, a light sweet crude oil refinery located in Krotz Springs, Louisiana and heavy crude oil refineries located in Paramount, Bakersfield and Long Beach, California. The Company owns or operates approximately 10 asphalt terminals.