Large Inflow of Money Witnessed in Valero Energy Corporation

Valero Energy Corporation (VLO) : On Thursday, The money flowed into the Valero Energy Corporation (VLO) stock with an uptick to downtick ratio was recorded at 1.18. Transactions worth $100.06 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $84.73 million. The total money flow into the stock was $15.34 million. The block trades reveal a bullish bias with an up-down ratio of 20.14. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $18.29 million of block transactions on upticks. The value of block trades on downticks was $0.91 million, indicating lower selling interest. The total money flow in block trades was $17.38 million. In terms of price action, Valero Energy Corporation (VLO) traded down $1.42 during the session at $47.24. Compared to the previous days closing, the stock was down only by -2.92%. For the week, the stock is -8.15%, over previous weeks closing.


Valero Energy Corporation (VLO) stock is expected to deviate a maximum of $8.62 from the average target price of $72.18 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $83 and the most muted being $59. The stock has recorded a 20-day Moving Average of 8.91% and the 50-Day Moving Average is 12.97%.

Valero Energy Corporation (NYSE:VLO): The stock opened at $48.95 on Thursday but the bulls could not build on the opening and the stock topped out at $50.10 for the day. The stock traded down to $47.17 during the day, due to lack of any buying support eventually closed down at $47.24 with a loss of -2.92% for the day. The stock had closed at $48.66 on the previous day. The total traded volume was 10,444,151 shares.

Valero Energy Corp (Valero) is an international manufacturer and marketer of transportation fuels, other petrochemical products and power. The Companys refineries can produce conventional gasolines, premium gasolines, gasoline, diesel fuel, low-sulfur diesel fuel, ultra-low-sulfur diesel fuel, CARB diesel fuel, other distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products. The Company markets branded and unbranded refined products through approximately 7,400 outlets. The Company also owns 11 ethanol plants in the central plains region of the United States that primarily produce ethanol. The Company operates through two segments. The refining segment includes refining operations, wholesale marketing, product supply and distribution, and transportation operations in the United States, Canada, the United Kingdom, Aruba and Ireland. Its ethanol segment primarily includes sale of internally produced ethanol and distillers grains.

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