HF Sinclair Corp (NYSE:DINO) shares, rose in value, with the stock price down by -1.39% to the previous day’s close as strong demand from buyers drove the stock to $35.60.
Actively observing the price movement in the recent trading, the stock is buoying the session at $36.10. Referring to stock’s 52-week performance, its high was $55.77, and the low was $24.66. On the whole, DINO has fluctuated by 16.61% over the past month.
With the market capitalization of HF Sinclair Corp currently standing at about $6.71 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.00, with its dividend yield at 5.62%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 27.11B, with a low estimate of 5.39B and a high estimate of 8.75B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 6.93B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DINO’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of DINO currently trading nearly 1.78% and 10.30% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.54, while the 7-day volatility ratio is showing 1.76% which for the 30-day chart, stands at 2.13%. Furthermore, HF Sinclair Corp (DINO)’s beta value is 0.86, and its average true range (ATR) is 1.18.
A comparison of HF Sinclair Corp (DINO) with its peers suggests the former has fared considerably weaker in the market. DINO showed an intraday change of -1.39% in today’s session so far, and over the past year, it shrunk by -36.55%%.
Data on historical trading for HF Sinclair Corp (NYSE:DINO) indicates that the trading volumes over the past 3 months, they’ve averaged 3.26 million. According to company’s latest data on outstanding shares, there are 188.41 million shares outstanding.
Nearly 8.90% of HF Sinclair Corp’s shares belong to company insiders and institutional investors own 83.82% of the company’s shares. The stock has risen by 1.57% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DINO stock heading into the next quarter.
