Technical Roundup on Oil and Gas Refining and Marketing Stocks -- Research on PBF Energy, HollyFrontier, Western Refining, and Renewable Energy
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LONDON, July 1, 2014 /PRNewswire/ --
On Monday, June 30, 2014, the NASDAQ Composite ended at 4,408.18, up 0.23%, the Dow Jones Industrial Average finished the session at 16,826.60, down 0.15% and the S&P 500 closed at 1,960.23, down 0.04%. During the trading session, five out of ten sectors finished on a higher note. The S&P 500 Energy Sector Index ended the day at 727.63, up 0.02%, and the index has gained 11.45% in the previous three months. Investor-Edge has initiated coverage on the following equities: PBF Energy Inc. (NYSE: PBF), HollyFrontier Corp. (NYSE: HFC), Western Refining Inc. (NYSE: WNR) and Renewable Energy Group Inc. (NASDAQ: REGI). Free technical research on PBF, HFC, WNR and REGI can be downloaded upon signing up at:
http://www.investor-edge.com/4381-register
PBF Energy Inc.'s stock fell by 1.33% on Monday, closing the session at $26.65. A total of 2.32 million shares were traded, which was above its three months average volume of 1.84 million shares. The stock moved between $26.56 and $27.27 during the session. PBF Energy Inc.'s stock has fallen by 5.06% in the previous three trading sessions and 16.48% in the last one month. Additionally, the company's shares have declined 15.29% from the beginning of 2014. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $30.37 is above its 200-day moving average of $27.48. Furthermore, PBF Energy Inc.'s stock traded at a PE ratio of 11.70 and has a Relative Strength Index (RSI) of 31.43. Sign up today to read free research on PBF at:
http://www.investor-edge.com/4381-PBF-01Jul2014.pdf
Shares in HollyFrontier Corp. declined 1.55% on Monday, closing the day at $43.69. The stock recorded a trading volume of 3.08 million shares, above its three months average volume of 2.40 million shares. The company's stock oscillated between $43.61 and $44.63 during the session. The company's stock traded at a PE ratio of 14.19. Shares in HollyFrontier Corp. have declined 4.38% in the previous three trading sessions, 11.29% in the last one month and 10.17% since the start of this year. HollyFrontier Corp.'s shares are trading below their 50-day and 200-day moving averages of $49.17 and $46.15, respectively. Further, the company's stock has an RSI of 30.32. Sign up today to read free research on HFC at:
http://www.investor-edge.com/4381-HFC-01Jul2014.pdf
Western Refining Inc.'s stock recorded a trading volume of 1.63 million shares, above its three months average volume of 1.39 million shares. On Monday, the stock finished the day at $37.55, which was 2.16% lower its previous day's closing of $38.38, and registered an intraday range of $37.40 and $38.35. Shares in Western Refining Inc. have fallen by 2.34% in the previous three trading sessions and 8.46% in the last one month. Additionally, the company's shares are down 11.46% on YTD basis. Shares in Western Refining Inc. are trading below their 50-day and 200-day moving averages of $40.75 and $37.89, respectively. Moreover, the company's stock traded at a PE ratio of 15.30 and has an RSI of 38.15. Sign up today to read free research on WNR at:
http://www.investor-edge.com/4381-WNR-01Jul2014.pdf
On Monday, shares in Renewable Energy Group Inc. fluctuated between $11.32 and $11.56 before ending the session 0.26% lower at $11.47. The company's stock reported a trading volume of 0.79 million shares, which was above its three months average volume of 0.65 million shares. Shares of the company traded at a PE ratio of 3.17. Over the previous three trading sessions and in the last one month, Renewable Energy Group Inc.'s stock has gained 0.17% and 15.98%, respectively. Moreover, the company's stock is up 0.09% on YTD basis. Shares in Renewable Energy Group Inc. are trading above their 50-day moving average. The stock's 50-day moving average of $10.83 is below its 200-day moving average of $11.73. Additionally, the company's shares have an RSI of 63.20. Sign up today to read free research on REGI at:
http://www.investor-edge.com/4381-REGI-01Jul2014.pdf
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