HollyFrontier Corporation (HFC) : Traders are bullish on HollyFrontier Corporation (HFC) as it has outperformed the S&P 500 by a wide margin of 13.59% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.61%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.05% in the last 1 week, and is up 16.42% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
HollyFrontier Corporation (NYSE:HFC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.91 and $25.69 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.63. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.45, notching a gain of 3.28% for the day. The total traded volume was 3,898,964 . The stock had closed at $25.61 on the previous day.
The stock has recorded a 20-day Moving Average of 7.97% and the 50-Day Moving Average is 5.91%. HollyFrontier Corporation has dropped 10.42% during the last 3-month period . Year-to-Date the stock performance stands at -32.25%.
HollyFrontier Corporation (HFC) : Average target price received by HollyFrontier Corporation (HFC) is $28.75 with an expected standard deviation of $3.96. The most aggressive target on the stock is $36, whereas the most downbeat target is $24. 8 financial analysts are currently covering the stock.
HollyFrontier Corporation is an independent petroleum refiner in the United States. The Company produces refined products, such as gasoline, diesel fuel, jet fuel, lubricant products, and specialty and modified asphalt. The Company operates through two segments, namely, Refining and HEP. The Refining segment includes the operations of its El Dorado, Tulsa, Navajo, Cheyenne and Woods Cross Refineries, and NK Asphalt Partners (NK Asphalt). The Companys refinery operations serve the Mid-Continent, Southwest and Rocky Mountain regions of the United States. The HEP segment includes of the operations of the Companys subsidiary Holly Energy Partners, L.P. (HEP). HEP is a limited partnership that acquires, owns and operates of the refined product pipeline and terminalling assets that support the refining and marketing operations in the Mid-Continent, Southwest and Rocky Mountain regions of the United States.