Market Movers - Oil and Gas Refining and Marketing Stocks -- Research on Marathon Petroleum, HollyFrontier, Alon USA Energy, and Gevo
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LONDON, June 2, 2014 /PRNewswire/ --
The trading session on Friday, May 30, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 16,717.17, up 0.11% and the NASDAQ Composite closed at 4,242.62, down 0.13%. The S&P 500 finished the day 0.18% higher at 1,923.57. During the trading session, eight out of ten sectors finished on a positive note. The S&P 500 Energy Sector Index edged 0.12% lower to close the day at 693.46, while the index has advanced 1.08% in the previous one month. Investor-Edge has initiated coverage on the following equities: Marathon Petroleum Corp. (NYSE: MPC), HollyFrontier Corp. (NYSE: HFC), Alon USA Energy Inc. (NYSE: ALJ) and Gevo Inc. (NASDAQ: GEVO). Free technical research on MPC, HFC, ALJ and GEVO can be downloaded upon signing up at:
http://www.investor-edge.com/3277-register
Shares in Marathon Petroleum Corp. declined 0.47% on Friday, closing the day at $89.39. The stock recorded a trading volume of 2.14 million shares, which was below its three months average volume of 3.18 million shares. The stock oscillated between $88.75 and $90.00 during the session. Over the last one month and from the beginning of 2014, Marathon Petroleum Corp.'s shares have fallen by 3.83% and 2.55%, respectively. However, the stock has advanced 2.81% in the previous three trading sessions. The company's shares are trading below their 50-day moving average. Marathon Petroleum Corp.'s 50-day moving average of $89.58 is above its 200-day moving average of $81.62. Furthermore, the company's stock traded at a PE ratio of 16.47 and has a Relative Strength Index (RSI) of 48.48. Sign up today to read free research on MPC at:
http://www.investor-edge.com/3277-MPC-02Jun2014.pdf
On Friday, shares in HollyFrontier Corp. fluctuated between $49.11 and $49.74 before ending the session 0.42% lower at $49.25. The company's stock reported a trading volume of 1.26 million shares, below its three months average volume of 2.51 million shares. The company's stock traded at a PE ratio of 16.92. Shares in HollyFrontier Corp. have gained 1.74% in the previous three trading sessions and 1.26% on YTD basis, while they have declined 5.37% over the last one month. HollyFrontier Corp.'s stock is trading above its 50-day and 200-day moving averages of $49.06 and $45.68, respectively. Moreover, the company's shares have an RSI of 50.00. Sign up today to read free research on HFC at:
http://www.investor-edge.com/3277-HFC-02Jun2014.pdf
Shares in Alon USA Energy Inc. recorded a trading volume of 0.37 million shares, which was below its three months average volume of 0.58 million shares. The stock ended the day at $14.95, which was 0.95% higher its previous day's closing of $14.81, and registered an intraday range of $14.80 and $15.11. Shares in Alon USA Energy Inc. have gained 3.75% in the previous three trading sessions, although, they have lost 8.23% in the last one month and 9.61% on YTD basis. The company's stock is trading below its 50-day moving average. The stock's 50-day moving average of $15.33 is above its 200-day moving average of $13.78. Additionally, shares of the company have an RSI of 47.21. Sign up today to read free research on ALJ at:
http://www.investor-edge.com/3277-ALJ-02Jun2014.pdf
Gevo Inc.'s stock finished Friday's trading session 1.33% higher at $0.92. A total of 0.29 million shares were traded, which was below its three months average volume of 1.12 million shares. The stock moved between $0.89 and $0.93 during the session. Gevo Inc.'s stock has advanced 1.33% in the previous three trading sessions. However, the stock has fallen by 10.48% in the last one month and 35.52% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages of $1.06 and $1.44, respectively. Furthermore, Gevo Inc.'s stock has an RSI of 42.18. Sign up today to read free research on GEVO at:
http://www.investor-edge.com/3277-GEVO-02Jun2014.pdf
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EDITOR'S NOTES:
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