$1.75M in average volume shows that PBF Energy Inc (PBF) is heading in the right direction

On Tuesday, PBF Energy Inc (NYSE: PBF) opened lower -0.52% from the last session, before settling in for the closing price of $46.49. Price fluctuations for PBF have ranged from $39.18 to $62.88 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 17.16%. Company’s average yearly earnings per share was noted -50.90% at the time writing. With a float of $98.95 million, this company’s outstanding shares have now reached $120.44 million.

Considering the fact that the conglomerate employs 3776 people, you should pay attention to its efficiency factor.

PBF Energy Inc (PBF) Insider Activity

A key investor’s attitude towards the stock of the Oil & Gas Refining & Marketing industry is another important factor to consider. The insider ownership of PBF Energy Inc is 16.54%, while institutional ownership is 84.58%. The most recent insider transaction that took place on Jun 28 ’24, was worth 6,402,097. In this transaction Add’l Rep. Persons-see Ex.99-1 of this company bought 140,000 shares at a rate of $45.73, taking the stock ownership to the 17,772,598 shares. Before that another transaction happened on Jun 27 ’24, when Company’s Add’l Rep. Persons-see Ex.99-1 bought 179,000 for $45.07, making the entire transaction worth $8,066,814. This insider now owns 17,632,598 shares in total.

PBF Energy Inc (PBF) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -50.90% per share during the next fiscal year.

PBF Energy Inc (NYSE: PBF) Trading Performance Indicators

Check out the current performance indicators for PBF Energy Inc (PBF). In the past quarter, the stock posted a quick ratio of 0.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.15. Likewise, its price to free cash flow for the trailing twelve months is 14.13.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.44, a number that is poised to hit 1.53 in the next quarter and is forecasted to reach 4.57 in one year’s time.

Technical Analysis of PBF Energy Inc (PBF)

Compared to the last year’s volume of 2.06 million, its volume of 1.77 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 82.10%. Additionally, its Average True Range was 1.52.

During the past 100 days, PBF Energy Inc’s (PBF) raw stochastic average was set at 17.22%, which indicates a significant decrease from 63.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.50% in the past 14 days, which was lower than the 38.01% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $48.67, while its 200-day Moving Average is $48.79. Nevertheless, the first resistance level for the watch stands at $47.55 in the near term. At $48.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $49.50. If the price goes on to break the first support level at $45.60, it is likely to go to the next support level at $44.95. Should the price break the second support level, the third support level stands at $43.65.

PBF Energy Inc (NYSE: PBF) Key Stats

There are currently 118,564K shares outstanding in the company with a market cap of 5.48 billion. Presently, the company’s annual sales total 38,325 M according to its annual income of 2,141 M. Last quarter, the company’s sales amounted to 8,646 M and its income totaled 106,600 K.