How Does Delek US Holdings, Inc. (DK) Stack Up Right Now?

Delek US Holdings, Inc. (NYSE:DK) is an interesting player in the Basic Materials space, with a focus on Oil & Gas Refining & Marketing. The stock has been active on the tape, currently trading at $24.07, up from yesterday’s close by -0.04%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

No amount of research is complete without a bird’s eye view of the financial data. Delek US Holdings, Inc. (DK) currently trades with a market capitalization of $1.49B. That value represents a market adjusting for revenues that have been falling by -16.50% on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For DK, the company currently has $315.30M of cash on the books, which is offset by $827.70M current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $-148.36M over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of -0.43 on a per share basis this quarter. Perhaps, that suggests something about why 82.90% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, Delek US Holdings, Inc. recorded a 52-week high of 26.06. It is now trading 1.98 off that level. The stock is trading 23.28 its 50-day moving average by -0.8. The stock carved out a 52-week low down at 11.41.

In recent action, Delek US Holdings, Inc. (DK) has made a move of +0.08% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is outperforming the S&P 500 by 4.48, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 50.98M with 6.60% sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of DK.

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