Stock price performance of Tesoro Corporation is analyzed for various periods using several stock trading signals. The stock price have dropped -2.18% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 9.79% . Looking at the past 52 week period, the stock price is up at 9.55% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Tesoro Corporation has a positive value of 1.67 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 1.38% and the 50-Day Moving Average is 4.4%.The 200 Day SMA reached 2.91%
Tesoro Corporation is having a Relative Strength Index of 51.14 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Tesoro Corporation (NYSE:TSO) rallied by 1.83% during the past week but lost 0.27% on a 4-week basis. The company has outperformed the S&P 500 by 1.71% in the past week but underperformed the index by 1.16% in the last 4 weeks.
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 JP Morgan to Overweight on Feb 2, 2017. Tesoro Corporation was Upgraded by Wells Fargo to Outperform on Dec 12, 2016.
Tesoro Corporation (NYSE:TSO) : On Friday heightened volatility was witnessed in Tesoro Corporation (NYSE:TSO) which led to swings in the share price. The stock opened for trading at $82.49 and hit $84.05 on the upside , eventually ending the session at $83.52, with a gain of 1.22% or 1.01 points. The heightened volatility saw the trading volume jump to 2,696,469 shares. The 52-week high of the share price is $93.5 and the company has a market cap of $9,766 million. The 52-week low of the share price is at $67.8 .
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.