Large Inflow of Money Witnessed in CVR Energy

CVR Energy (NYSE:CVI) : $0.28 million worth of transactions were on upticks in CVR Energy (NYSE:CVI), compared to $0.14 million on downticks. The ratio between the two was 2, whereas, the net money flow stood at a healthy $0.14 million on Wednesdays session. The consistent buying on upticks in the stock accounted for $0.01million worth of trades. The total money flow into the stock stood at $0.01 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.13%. The stock was trading at $15.83, with a drop of $0.02 over the previous days close. The stock recorded -6.05% for the week.


Currently the company Insiders own 82% of CVR Energy shares according to the proxy statements. Institutional Investors own 99.44% of CVR Energy shares.

The company shares have dropped -58.40% from its 1 Year high price. On Nov 30, 2015, the shares registered one year high at $48.37 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $19.22 and the 200 Day Moving Average price is recorded at $26.62. CVR Energy (NYSE:CVI): The stock opened at $15.91 on Wednesday but the bulls could not build on the opening and the stock topped out at $16.24 for the day. The stock traded down to $15.68 during the day, due to lack of any buying support eventually closed down at $15.78 with a loss of -0.44% for the day. The stock had closed at $15.85 on the previous day. The total traded volume was 1,229,370 shares.

CVR Energy, Inc. is a holding company. The Company engages in the petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP (CVR Refining or the Refining Partnership) and CVR Partners LP (CVR Partners or the Nitrogen Fertilizer Partnership). The Companys Refining Partnership is an independent petroleum refiner and marketer of transportation fuels. Its Nitrogen Fertilizer Partnership produces and markets nitrogen fertilizers in the form of urea and ammonium nitrate (UAN) and ammonia. In addition the Company through its majority owned subsidiaries produces and markets nitrogen fertilizer products in North America. It operates in two segments: the petroleum segment and the nitrogen fertilizer segment. The petroleum business consists of a coking medium-sour crude oil refinery in Coffeyville, Kansas and a crude oil refinery in Wynnewood, Oklahoma. The nitrogen fertilizer business consists of a nitrogen fertilizer facility in Coffeyville, Kansas.

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