Spotting A Winner: HF Sinclair Corp. (NYSE: DINO) Advances 0.02 And It Still Have Room To Run

HF Sinclair Corp. (NYSE:DINO) currently has a daily average trading volume of 1.76M but it saw 1487045 shares traded in last market. With a market cap of 9.02B USD, the company’s current market price of $47.28 came rising about 0.02 while comparing to the previous closing price of $47.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $64.16 and as low as $44.09. In the recent trading on the day, stock has struck highest price mark of $46.85 while lowest mark touched by it was $47.85.

Taking a look at 20-day trading activity of HF Sinclair Corp. (DINO) gives us an average price of $48.10, while its current price level is -26.31% below from 52-week high level whereas it is 7.24% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $49.85 while that of 200 days or SMA-200 reads an average of $54.70. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.44% during that period while stretching the period over a month that increases to 3.16%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.14 which implies that the stock is in neutral territory.

BofA Securities upgraded its recommendation for the stock as a “Buy” from “Neutral” on March 15, 2024 while assigning a price target range of $62-$78. Barclays issued its recommendations for the stock as it resumed the price target for the stock is $60.

Over the week, DINO’s stock price is moving -0.42% down while it is -1.38% when we observe its performance for the past one month. Year-to-date it is -14.92% down and over the past year, the stock is showing a downside performance of -16.82%.

Currently, HF Sinclair Corp.’s total number of outstanding shares is 200.00M. Company’s return on investment (ROI) stands at 9.24% and return on equity (ROE) at 12.10%. It has a price to earnings ratio (P/E ratio) of 7.56 while having a 8.65 of forward P/E ratio. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 0.91 while price to sale or P/S ratio amounts to 0.29. Its return on asset (ROA) is 6.66% on average.