• Return to Headlines

Recent 52-Week High Exceeded in Shares of Delek Us Holding (DK)

By Nick Russo

Shares of Delek Us Holding (NYSE:DK) traded at a new 52-week high today of $51.42. This new high was reached on below average trading volume as 329,000 shares traded hands, while the average 30-day volume is approximately 1.3 million shares.

Delek US Holdings, Inc. a diversified energy focused on petroleum refining and supply and on retail marketing. The Company markets gasoline, diesel and other refined petroleum products and convenience merchandise through a network of company-operated retail fuel and convenience stores. Delek also has a wholesale fuel distribution operation.

In the past 52 weeks, shares of Delek Us Holding have traded between a low of $11.41 and a high of $51.42 and are now at $51.33, which is 350% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has slid 2%.

There is potential upside of 6.7% for shares of Delek Us Holding based on a current price of $51.33 and an average consensus analyst price target of $54.77. Delek Us Holding shares have support at the 200-day moving average (MA) of $23.30 and additional support at the 50-day MA of $15.43.

SmarTrend recommended that subscribers consider buying shares of Delek Us Holding on February 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $33.90. Since that recommendation, shares of Delek Us Holding have risen 48.3%. We continue to monitor DK for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows delek us holding

Ticker(s): DK