PBF Logistics LP (PBFX) : During the past 4 weeks, traders have been relatively bearish on PBF Logistics LP (PBFX), hence the stock is down -6.38% 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 -7.39% relative to the S&P 500. The 4-week change in the price of the stock is -5.41% and the stock has fallen -7.34% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.04% and the 50-Day Moving Average is 6.06%. PBF Logistics LP (NYSE:PBFX): On Fridays trading session , Opening price of the stock was $20.2 with an intraday high of $21. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $20.03. However, the stock managed to close at $20.45, a loss of 4.62% for the day. On the previous day, the stock had closed at $21.44. The total traded volume of the day was 999,838 shares.
In the past twelve weeks, the net percent change held by company insiders has changed by 5.82% . Institutional Investors own 72.24% of PBF Logistics LP shares. During last six month period, the net percent change held by insiders has seen a change of 5.82%.
PBF Logistics LP is engaged in the receiving, handling and transferring of crude oil and the receipt, storage and delivery of crude oil, refined products and intermediates. The Company was formed by PBF Energy Inc. (PBF Energy) and its indirect subsidiary, PBF Logistics GP LLC, to own or lease, operate, develop and acquire crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets. The Company receives, handles and transfers crude oil from sources located throughout the United States and Canada, and store crude oil, refined products and intermediates for PBF Energy in support of its three refineries located in Toledo, Ohio, Delaware City, Delaware and Paulsboro, New Jersey. Its assets consist of the DCR Rail Terminal, Toledo Truck Terminal, the DCR West Rack and the Toledo Storage Facility. The Companys business consists of two operating segments: terminaling segment and storage segment.