Calumet Specialty Products Partners L.P. (CLMT) Shares are Down -12.77%

Calumet Specialty Products Partners L.P. (CLMT) : During the past 4 weeks, traders have been relatively bearish on Calumet Specialty Products Partners L.P. (CLMT), hence the stock is down -17.11% 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 -12.91% relative to the S&P 500. The 4-week change in the price of the stock is -17.55% and the stock has fallen -12.77% in the past 1 week.

The stock has recorded a 20-day Moving Average of 18.76% and the 50-Day Moving Average is 14.88%.The 200 Day SMA reached 48.54%


Calumet Specialty Products Partners L.P. (NASDAQ:CLMT): The stock opened in the green at $4.71 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $4.86 and a low of $4.5 for the day. The stock did not find buyers even at the lows and closed at $4.51 recording a loss of -4.25%. 815,914 shares exchanged hands during the trading day. The stock had closed at $4.51 in the previous days trading.

Calumet Specialty Products Partners L.P. (CLMT) : Average target price received by Calumet Specialty Products Partners L.P. (CLMT) is $6 with an expected standard deviation of $1.41. The most aggressive target on the stock is $9, whereas the most downbeat target is $5. 8 financial analysts are currently covering the stock.

Calumet Specialty Products Partners, L.P. (Calumet) is a producer of specialty hydrocarbon products in North America. The Companys segments include specialty products, fuel products and oilfield services. In its specialty products segment, it processes crude oil and other feedstocks into a range of customized lubricating oils, white mineral oils, solvents, petrolatums and waxes. It also blends and market specialty products through Royal Purple, Bel-Ray, TruFuel and Quantum brands. In its fuel products segment, it processes crude oil into a range of fuel and fuel-related products, including gasoline, diesel, jet fuel, asphalt and heavy fuel oils, as well as reselling purchased crude oil to third party customers. Its oilfield services segment manufactures and markets products and provides oilfield services, including drilling fluids, completion fluids, production chemicals and solids control services to the oil and gas exploration industry throughout the United States.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.