Market Update: Delek US Holdings Inc (DK) Sees Positive Movement, Closing at 19.35

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In the latest session, Delek US Holdings Inc (NYSE: DK) closed at $19.35 up 3.20% from its previous closing price of $18.75. In other words, the price has increased by $3.20 from its previous closing price. On the day, 1.26 million shares were traded. DK stock price reached its highest trading level at $19.35 during the session, while it also had its lowest trading level at $18.74.

Ratios:

For a deeper understanding of Delek US Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.31. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 3.24 whereas as Long-Term Debt/Eq ratio is at 3.16.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on Sep-11-24, Upgraded its rating to Neutral and sets its target price to $26 from $23 previously.

On August 08, 2024, TD Cowen reiterated its Sell rating and also upped its target price recommendation from $19 to $18.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 20 ’24 when Marcogliese Richard J bought 530 shares for $20.48 per share. The transaction valued at 10,854 led to the insider holds 43,393 shares of the business.

Soreq Avigal bought 5,651 shares of DK for $115,393 on Aug 09 ’24. The President & CEO now owns 188,881 shares after completing the transaction at $20.42 per share. On Aug 08 ’24, another insider, Spiegel Reuven, who serves as the CFO of the company, sold 750 shares for $20.34 each. As a result, the insider received 15,255 and left with 48,956 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DK now has a Market Capitalization of 1248821888 and an Enterprise Value of 3487322368. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 0.226 whereas that against EBITDA is 7.356.

Stock Price History:

Over the past 52 weeks, DK has reached a high of $33.60, while it has fallen to a 52-week low of $18.75. The 50-Day Moving Average of the stock is -11.11%, while the 200-Day Moving Average is calculated to be -25.25%.

Shares Statistics:

For the past three months, DK has traded an average of 1.12M shares per day and 1214540 over the past ten days. A total of 63.96M shares are outstanding, with a floating share count of 62.87M. Insiders hold about 2.58% of the company’s shares, while institutions hold 103.71% stake in the company. Shares short for DK as of 1723680000 were 7372953 with a Short Ratio of 6.60, compared to 1721001600 on 6095146. Therefore, it implies a Short% of Shares Outstanding of 7372953 and a Short% of Float of 14.819999000000001.

Dividends & Splits

According to the company, the forward annual dividend rate for DK is 0.99, from 0.97 in the trailing year. Against a Trailing Annual Dividend Yield of 0.051733334The stock’s 5-year Average Dividend Yield is 3.48.

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