Alon USA Energy, Inc. (NYSE:ALJ) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 4, 2016
Having a price of $8.48, Alon USA Energy, Inc. (NYSE:ALJ) traded 3.92% higher on the day. With the last stock price up 3.50% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. ALJ has recorded a 50-day average of $7.98 and a two hundred day average of $8.19. Trade Volume was up over the average, with 1,428,241 shares of ALJ changing hands over the typical 1,385,320
Zacks Investment Research has downgraded Alon USA Energy, Inc. (NYSE:ALJ) to Sell in a statement released on 10/4/2016.
Recent Performance Chart
Alon USA Energy, Inc. has with a one year low of $5.86 and a one year high of $19.84 and has a market capitalization of $0.
A total of 7 brokerages have issued a ratings update on Alon USA Energy, Inc.. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, eight brokerages rating the company a hold, two brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $10.43.
General Company Details For Alon USA Energy, Inc. (NYSE:ALJ)
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 Company operates through three 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 Company holds interests in Alon USA Partners, LP, which owns a crude oil refinery in Big Spring, Texas. The Company's 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 (California refineries). It owns or operates approximately 10 asphalt terminals. It operates approximately 310 owned and leased convenience store sites.
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