Delek US Holdings (DK) has risen sharply, recording gains of 0.41% in the past 4 weeks. However, the stock has corrected -2.98% in the past 1 week, providing a good buying opportunity on dips. Delek US Holdings (DK) : During the past 4 weeks, traders have been relatively bearish on Delek US Holdings (DK), hence the stock is down -3.8% 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 -4.41% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 2.88% and the 50-Day Moving Average is 7.19%.
Delek US Holdings (NYSE:DK): The stock opened at $12.92 on Friday but the bulls could not build on the opening and the stock topped out at $12.92 for the day. The stock traded down to $12.21 during the day, due to lack of any buying support eventually closed down at $12.36 with a loss of -3.13% for the day. The stock had closed at $12.76 on the previous day. The total traded volume was 1,400,560 shares.
The company Insiders own 1.42% of Delek US Holdings shares according to the proxy statements. Institutional Investors own 84.93% of Delek US Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -29.17%. In a related news, Finnerty William J, director of Delek Us Holdings, Inc., had purchased 1,000 shares on November 11, 2015. The total value of the transaction was $26,200. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Delek US Holdings, Inc. (Delek) is an integrated energy business focused on petroleum refining, the transportation, storage and wholesale of crude oil and intermediate and refined products and convenience store retailing. The Company operates through three operating segments: Refining, Logistics and Retail. The Companys Refining Segment operates independent refineries in Tyler, Texas (the Tyler refinery) and El Dorado, Arkansas (the El Dorado refinery) with a combined design crude distillation capacity of 140,000 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. The Companys Retail Segment markets gasoline, diesel, other refined petroleum products and convenience merchandise.