Weakness Seen in Alon USA Energy (ALJ): Stock Falls 6.2% in Session - Tale of the Tape

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Alon USA Energy, Inc. ( ALJ ) saw a big move last session, as the company's shares fell by over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $13.71 to $14.95 in the past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as the current year earnings consensus has moved lower for this independent refiner and marketer of petroleum products over the last 30 days, though there has been no negative revisions in the same time period. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

ALJ currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Some better-ranked stocks in the Oil refining and marketing industry include Sprague Resources LP ( SRLP ), Valero Energy Corporation ( VLO ) and CVR Refining, LP ( CVRR ). While Sprague Resources carries a Zacks Rank #1 (Strong Buy), Valero Energy and CVR Refining hold a Zacks Rank #2 (Buy).

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ALON USA ENERGY (ALJ): Free Stock Analysis Report

SPRAGUE RESRCS (SRLP): Free Stock Analysis Report

VALERO ENERGY (VLO): Free Stock Analysis Report

CVR REFINING LP (CVRR): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: ALJ , SRLP , VLO , CVRR

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As of 12/24/2014, 02:12 PM


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