Large Inflow of Money Witnessed in Tesoro Corporation

Tesoro Corporation (NYSE:TSO) dropped -0.56% or -0.42 points to trade at $74.59 per share. As per the latest trading data available, the net money flow stood at $1.01 million as the shares received $1.39 million in upticks and gave away $0.39 million in downticks. The final up/down ratio was at 3.61. On a weekly basis, the stock has seen a change of 2.88%.


The stock has recorded a 20-day Moving Average of 0.49% and the 50-Day Moving Average is 2.69%. The company shares have dropped 14.11% in the past 52 Weeks. On November 24, 2015 The shares registered one year high of $119.67 and one year low was seen on February 18, 2016 at $67.8. The 50-day moving average is $77.6 and the 200 day moving average is recorded at $86.12. S&P 500 has rallied 1.93% during the last 52-weeks.

Tesoro Corporation (NYSE:TSO): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $75.32 and $73.84 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $77.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $77.06, notching a gain of 2.73% for the day. The total traded volume was 1,991,091 . The stock had closed at $75.01 on the previous day.

Currently the company Insiders own 0.88% of Tesoro Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 7.88% . Institutional Investors own 90.16% of Tesoro Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 19.48%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Schofield Daryl R, officer (SVP, Commercial) of Tesoro Corp /New/, had unloaded 2,660 shares at an average price of $80 in a transaction dated on May 23, 2016. The total value of the transaction was worth $212,800.

Tesoro Corporation is an independent petroleum refining and marketing company. Through its subsidiaries, the Company primarily transports crude oil and manufactures, transports and sells transportation fuels. The Company operates through three business segments: Refining operating segment, which owns and perates six petroleum refineries with a combined crude oil capacity of 850 thousand barrels per day (Mbpd) located in the western United States and sells transportation fuels to a variety of customers; TLLP, a publicly traded limited partnership, which includes certain crude oil and natural gas gathering assets, natural gas processing and crude oil and refined products terminalling, transportation and storage assets, and Retail operating segment, which sells transportation fuels in approximately 16 states through a network of approximately 2,267 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline and Tesoro brands.

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