PBF Energy Inc. (NYSE:PBF) went down by -1.34% from its latest closing price when compared to the 1-year high value of $36.69 and move down -38.87%, while PBF stocks collected -5.58% of loss with the last five trading sessions. Press Release reported on 02/01/20 that PBF Energy Completes Acquisition of Martinez Refinery, Creates West Coast System
PBF Energy Inc. (NYSE:PBF) Worth an Investment?
PBF Energy Inc. (NYSE: PBF) The 36 Months beta value for PBF stocks is at 1.64, while of the analysts out of 0 who provided ratings for PBF Energy Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $39.47 which is $14.51 above current price. PBF currently has a short float of 6.14% and public float of 97.53 M with average trading volume of 1.60M shares.
PBF Market Performance
PBF stocks went down by -5.58% for the week, with the monthly drop of -15.32% and a quarterly performance of -20.78%, while its annual performance rate touched -27.06%. The simple moving average for the period of the last 20 days is -10.31% for PBF stocks with the simple moving average of -7.52% for the last 200 days.
Analysts’ Opinion on PBF Energy Inc. (NYSE:PBF)
Many brokerage firms have already submitted their reports for PBF stocks, with Barclays repeating the rating for PBF shares by setting it to “Overweight”. The predicted price for PBF socks in the upcoming period according to Barclays is $38 based on the research report published on January 14, 2020.
BofA/Merrill, on the other hand, stated in their research note that they expect to see PBF stock at the price of $38. The rating they have provided for PBF stocks is “Buy” according to the report published on January 7, 2020.
Cowen gave “ Outperform” rating to PBF stocks, setting the target price at $42 in the report published on October 21, 2019.
PBF Stocks -13.28% Far from 50 Day Moving Average
After a stumble in the market that brought PBF to its low price for the period of the last 52 weeks, PBF Energy Inc. was unable to take a rebound, for now settling with -27.99% of loss for the given period.
The stock volatility was left at 4.37%, however, within the period of a single month, the volatility rate increased by 5.04%, while the shares sank at the distance of -15.32% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -16.47% lower at the present time.
In the course of the last 5 trading sessions, PBF went down by -5.58%, which changed the moving average for the period of 200 days to the total of -22.06% of losses for the stock in comparison to the 20-day moving average settled at $29.22. In addition, PBF Energy Inc. saw -15.78% in overturn over the period of a single year with a tendency to cut further losses.
PBF Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at PBF Energy Inc. (PBF), starting from Inversora Carso, S.A. de C.V., who bought 73,471 shares at the price of $25.83 back on Feb 03. After this action, Rushing now owns 21,595,901 shares of PBF Energy Inc., valued at $1,897,837 with the latest closing price.
Inversora Carso, S.A. de C.V., the Add’l Rep. Persons-see Ex.99-1 of PBF Energy Inc., bought 190,000 shares at the value of $27.13 during a trade that took place back on Jan 31, which means that Inversora Carso, S.A. de C.V. is holding 21,522,430 shares at the value of $5,154,415 based on the most recent closing price.