Zacks Investment Research downgraded Delek US Holdings, Inc. (NYSE:DK) to Sell in a report released today.
- Updated: October 5, 2016
Zacks Investment Research has downgraded Delek US Holdings, Inc. (NYSE:DK) to Sell in a statement released on 10/05/2016.
Boasting a price of $17.90, Delek US Holdings, Inc. (NYSE:DK) traded 1.82% higher on the day. With the last stock price close up 20.35% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Delek US Holdings, Inc. has recorded a 50-day average of $17.41 and a two hundred day average of $14.87. Volume of trade was down over the average, with 1,003,720 shares of DK changing hands under the typical 1,173,000
With a total market value of $0, Delek US Holdings, Inc. has with a one year low of $11.41 and a one year high of $29.90 .
A total of 14 equity analysts have released a ratings update on DK. Four equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $23.50.
Brief Synopsis About Delek US Holdings, Inc. (NYSE:DK)
Delek US Holdings, Inc. is an integrated energy business focused on petroleum refining, the transportation, storage and wholesale of crude oil, intermediate and refined products and convenience store retailing. The Company operates through three segments: Refining, Logistics and Retail. Its Refining Segment operates independent refineries in Tyler, Texas, and El Dorado, Arkansas with a combined design crude distillation capacity of approximately 155,000 barrels per day (bpd). The Logistics Segment gathers, transports and stores crude oil and markets, distributes, transports and stores refined products in select regions of the southeastern United States and west Texas for both its refining segment and third parties. Its Retail Segment markets gasoline, diesel, other refined petroleum products and convenience merchandise through a network of over 360 Company-operated retail fuel and convenience stores located in Alabama, Arkansas, Georgia, Kentucky, Mississippi, Tennessee and Virginia.
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