Alon USA Partners, LP Common Un (NYSE:ALDW).
Alon USA Partners, LP Common Un (NYSE:ALDW) reached a new one year low price reaching $8.07 in trading on Tuesday. The stock ended down at $8.26. 220,689 shares traded and the stock hit a high of $8.47.
Additionally Alon USA Partners, LP Common Un recently announced a dividend for shareholders that was paid on Thursday August 25th, 2016. The dividend payment was $0.140 per share for the quarter which is $0.56 annualized. The dividend yield was $6.64. The ex-dividend date was set for Tuesday the 16th of August 2016.
Shares ended the day at $8.26 just below $10.24, the 50 day moving average and which is slightly below the 200 day moving average of $10.40. The 50 day moving average was down $-1.98 or -19.30% whereas the 200 day moving average was down $-2.14 or -20.59%.
The company currently has a P/E ratio of 9.63 and market cap is 516.42M. As of the latest earnings report the EPS was $0.86 and is projected to be $-0.12 for the current year with 62,520,000 shares presently outstanding. Next quarter’s EPS is forecasted at $-0.15 and the next full year EPS is projected to be $0.60.
Brokerage firms have released ratings. On May 16 the company was downgraded from “” to “Sell” in an announcement from Tudor Pickering. Equity analyst Credit Suisse downgraded the stock and lowered the price target on April 11 cutting the price target from $21.00 to $13.00 and setting the rating at “Neutral” which had previously been “Outperform”.
On April 11 the stock rating was downgraded to “Neutral” from “Outperform” and a price target of $13.00 was set by Credit Suisse. On February 19 Credit Suisse held the stock rating at “Outperform” and lowered the price expectation from $31.00 to $21.00.
On October 21 the company was downgraded to “Neutral” from “Buy” in a report issued by Citigroup. October 12 investment analysts at Barclays maintained a stock rating of “Underweight” but moved down the price target to $20.00 from $22.00.