Shares of Tesoro Corporation (TSO) advanced to $81.19. The price had gained 0.42% or 0.34 points intraday. The latest trading session witnessed $1.37 million in upticks and $5.46 million in downticks, resulting in net money flow of (-4.09) million. The up/down ratio for the day stood at 0.25. On a weekly scale, the price has seen a change of -1.01%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-2.69) million occurred during the day. $0 million in uptick and $2.69 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Tesoro Corporation has lost 1.28% in the last five trading days and dropped 7.4% in the last 4 weeks. Tesoro Corporation has dropped 4.09% during the last 3-month period . Year-to-Date the stock performance stands at -7.4%. Tesoro Corporation (NYSE:TSO) rose 0.16% or 0.13 points on Wednesday and made its way into the gainers of the day. After trading began at $81.38 the stock was seen hitting $81.76 as a peak level and $79.96 as the lowest level. The stock ended up at $80.98. The daily volume was measured at 2,583,143 shares. The 52-week high of the share price is $93.5 and the 52-week low is $67.8. The company has a market cap of $9,469 million.
Company has reported several Insider transactions to the SEC, on Aug 30, 2016, Steven Sterin (CFO) purchased 1,100 shares at 73.93 per share price.On May 25, 2016, Daryl R Schofield (SVP, Commercial) sold 2,660 shares at 80.00 per share price.On May 11, 2016, David Lilley (director) purchased 1,000 shares at 77.87 per share price.
Tesoro Corporation Last issued its quarterly earnings results on Oct 31, 2016. The company reported $1.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $1.42. The company had revenue of $6544.00 million for the quarter, compared to analysts expectations of $8229.42 million. The companys revenue was down -15.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $6.13 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Tesoro Corporation was Upgraded by Wells Fargo to Outperform on Dec 12, 2016.
Tesoro was founded in 1968 as a company primarily engaged in petroleum exploration and production. In 1969, Tesoro began operating Alaskas first refinery near Kenai. Today, Tesoro is a FORTUNE 500 company and one of the largest independent petroleum refiners and marketers in the Western United States.