Shares of Western Refining (WNR) Sees Large Outflow of Money

Western Refining (WNR) : Thursdays money flow analysis of Western Refining (WNR) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $0.97 million. In comparison, the inflow of money on upticks was a meager $0.21 million. The dollar value of composite uptick trades minus the downtick trades was negative $0.76 million. The uptick to downtick ratio of 0.22 in the money flow shows weakness. The downtick transaction value was high at $0.72 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($0.72 million). Western Refining (WNR) gained $0.01 at $20.77, a change of 0.05% over the previous days close.


The stock has recorded a 20-day Moving Average of 0.93% and the 50-Day Moving Average is 5.01%. Shares have dropped -56.92% from its 1 Year high price. On Aug 12, 2015, the shares registered one year high at $50.71 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $20.62 and the 200 Day Moving Average price is recorded at $26.72.

Western Refining (NYSE:WNR): The stock opened at $20.89 on Thursday but the bulls could not build on the opening and the stock topped out at $20.98 for the day. The stock traded down to $19.97 during the day, due to lack of any buying support eventually closed down at $20.07 with a loss of -3.32% for the day. The stock had closed at $20.76 on the previous day. The total traded volume was 5,299,272 shares.

In an insider trading activity, Hogan Brian John, director of Western Refining, Inc., executed a transaction worth $214,100 on May 26, 2016. A total of 10,000 shares were purchased at an average price of $21.41. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Western Refining, Inc. (Western) is an independent crude oil refiner and marketer of refined products. The Company operates through four business segments: refining, Northern Tier Energy LP (NTI), Western Refining Logistics, LP (WNRL) and retail. The Companys refining segment owns and operates two refineries in the Southwest that process crude oil and other feedstocks primarily into gasoline, diesel fuel, jet fuel and asphalt. The NTI segment owns and operates refining and transportation assets and operates and supports retail convenience stores primarily in the Upper Great Plains region of the United States. The WNRL segment owns and operates terminal, storage, transportation and provides related services primarily to its refining segment in the Southwest. The retail segment operates retail convenience stores and unmanned commercial fleet fueling locations located in the Southwest. The retail convenience stores sell gasoline, diesel fuel and convenience store merchandise.

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