Delek US Holdings, Inc. (DK) Reaches $52.08 52-Week High; AGRO CAPITAL MANAGEMENT (ACMB) Shorts Increased By 200%

May 17, 2018 - By Linda Rogers

The stock of Delek US Holdings, Inc. (NYSE:DK) hit a new 52-week high and has $56.77 target or 9.00% above today’s $52.08 share price. The 7 months bullish chart indicates low risk for the $4.37 billion company. The 1-year high was reported on May, 17 by Barchart.com. If the $56.77 price target is reached, the company will be worth $393.57 million more. The stock increased 3.56% or $1.79 during the last trading session, reaching $52.08. About 267,577 shares traded. Delek US Holdings, Inc. (NYSE:DK) has risen 65.09% since May 17, 2017 and is uptrending. It has outperformed by 53.54% the S&P500.

AGRO CAPITAL MANAGEMENT CORP (OTCMKTS:ACMB) had an increase of 200% in short interest. ACMB’s SI was 300 shares in May as released by FINRA. Its up 200% from 100 shares previously. With 100 avg volume, 3 days are for AGRO CAPITAL MANAGEMENT CORP (OTCMKTS:ACMB)’s short sellers to cover ACMB’s short positions. It closed at $2.64 lastly. It is down 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Agro Capital Management Corp. does not have significant operations. The company has market cap of $52.57 million. Previously, the firm was engaged in online tourist guide business. It currently has negative earnings. It intends to enter into a merger, acquisition, or other business venture transaction with companies operating in the aqua-culture development industry in Malaysia.

Among 20 analysts covering Delek US Holdings (NYSE:DK), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Delek US Holdings has $5800 highest and $12 lowest target. $38.06’s average target is -26.92% below currents $52.08 stock price. Delek US Holdings had 78 analyst reports since July 24, 2015 according to SRatingsIntel. Cowen & Co maintained Delek US Holdings, Inc. (NYSE:DK) rating on Wednesday, August 16. Cowen & Co has “Buy” rating and $30.0 target. The rating was maintained by Cowen & Co with “Buy” on Thursday, November 9. The stock of Delek US Holdings, Inc. (NYSE:DK) earned “Buy” rating by RBC Capital Markets on Thursday, July 20. On Tuesday, January 26 the stock rating was downgraded by Goldman Sachs to “Neutral”. The firm has “Hold” rating by Citigroup given on Friday, July 14. On Friday, November 17 the stock rating was upgraded by Tudor Pickering to “Buy”. The stock has “Buy” rating by Citigroup on Wednesday, September 14. The company was downgraded on Monday, November 14 by Wolfe Research. RBC Capital Markets maintained the stock with “Buy” rating in Friday, April 21 report. The firm earned “Sector Perform” rating on Monday, July 11 by Howard Weil.

Delek US Holdings, Inc. operates as an integrated energy firm that provides petroleum refining and transportation services. The company has market cap of $4.37 billion. The firm operates in two divisions, Refining and Logistics. It has a 13.03 P/E ratio. The Refining segment owns and operates two refineries in Tyler, Texas, and El Dorado, Arkansas; and produces various petroleum products used in transportation and industrial markets.

More news for Delek US Holdings, Inc. (NYSE:DK) were recently published by: Globenewswire.com, which released: “Delek US Holdings Reports First Quarter 2018 Results” on May 08, 2018. Seekingalpha.com‘s article titled: “Delek US Holdings’ (DK) CEO Ezra Uzi Yemin on Q1 2018 Results – Earnings Call Transcript” and published on May 08, 2018 is yet another important article.

Delek US Holdings, Inc. (NYSE:DK) Ratings Chart

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By1 Linda Rogers

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