Alon USA Energy, Inc. (NYSE:ALJ) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 12, 2016
Having a price of $9.07, Alon USA Energy, Inc. (NYSE:ALJ) traded -1.65% lower on the day. With the last stock price up 9.96% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $8.18 and a 200-day moving average of $8.11. 824,383 shares of the stock were exchanged, down from an average trading volume of 1,358,580
Zacks Investment Research has upgraded Alon USA Energy, Inc. (NYSE:ALJ) to Hold in a statement released on 10/12/2016.
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Alon USA Energy, Inc. has a 52 week low of $5.86 and a 52 week high of $18.27 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 7 firms have issued a report on ALJ. The one year target is $10.43 with zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, eight equity analysts rating the company a hold, two equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
Brief Synopsis About 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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