CVR Refining LP (NYSE:CVRR) : During the past 4 weeks, traders have been relatively bearish on CVR Refining LP (NYSE:CVRR), hence the stock is down -31.22% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -14.03% relative to the S&P 500. The 4-week change in the price of the stock is -30.11% and the stock has fallen -12.93% in the past 1 week.
The company shares have dropped -65.24% from its 1 Year high price. On Nov 4, 2015, the shares registered one year high at $22.74 and the one year low was seen on Jul 8, 2016. The 50-Day Moving Average price is $9.01 and the 200 Day Moving Average price is recorded at $12.47.
The stock has recorded a 20-day Moving Average of 17.27% and the 50-Day Moving Average is 30.08%.
CVR Refining LP (NYSE:CVRR): stock turned positive on Friday. Though the stock opened at $6.78, the bulls momentum made the stock top out at $6.98 level for the day. The stock recorded a low of $6.69 and closed the trading day at $6.8, in the green by 0.29%. The total traded volume for the day was 707,779. The stock had closed at $6.78 in the previous days trading.
In an insider trading activity,The director 10% owner of Cvr Refining, Lp, Icahn Carl C sold 9,036 shares at $16.13 on December 18, 2014. The Insider selling transaction had a total value worth of $145,751. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
CVR Refining, LP is an independent downstream energy limited partnership. The Company has refining and related logistics assets that operate in the mid-continent region. It owns two refineries in the underserved Group 3 of the PADD II region of the United States. It owns and operates a full coking medium-sour crude oil refinery in Coffeyville, Kansas and a crude oil refinery in Wynnewood, Oklahoma. In addition, the Company also controls and operates supporting logistics assets, including owned and leased pipelines, owned crude oil transports, a network of crude oil gathering tank farms, owned and leased crude oil storage capacity and combined refinery related storage capacity. It processes a variety of crudes, including West Texas sour (WTS), West Texas intermediate (WTI), sweet and sour Canadian, and locally gathered crudes. The Company offers refined products primarily to retailers, railroads and farm cooperatives and other refiners/marketers in Group 3 of the PADD II region.