Technical Review of Calumet Specialty Products Partners LP (NASDAQ:CLMT)

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Calumet Specialty Products Partners LP (NASDAQ:CLMT) for the period of 9-Day stands at 47.97% while the stochastic %D for the same period stands at 62.99%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Calumet Specialty Products Partners LP (NASDAQ:CLMT) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Calumet Specialty Products Partners LP (NASDAQ:CLMT) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Calumet Specialty Products Partners LP (NASDAQ:CLMT)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Calumet Specialty Products Partners, L.P. is a leading independent producer of high-quality, specialty hydrocarbon products in North America. Calumet processes crude oil into customized lubricating oils, solvents, and waxes used in consumer, industrial, and automotive products. The Company also produces fuel products including gasoline, diesel fuel and jet fuel. Calumet is based in Indianapolis, Indiana and has three plants located in northwest Louisiana.

Previous Day Activity Analysis

On the last trading day, Calumet Specialty Products Partners LP (NASDAQ:CLMT) opened the session at $8.95 and after going down -9.04% closed at $8.05. The stock lost -0.9 points in the last trade.

Calumet Specialty Products Partners LP (NASDAQ:CLMT)’s stock fluctuated in the range of $7.60 and $9.05 during the previous active session. Calumet Specialty Products Partners LP (NASDAQ:CLMT) traded with the volume of 885839 with average volume of 524.84 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 1.23 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.55 and 42.19 respectively.

Currently the Insider Ownership of the shares of Calumet Specialty Products Partners LP (NASDAQ:CLMT) is at 0.1% and the shares outstanding are 83.66 Million.

Important Ratio Analysis

Some important ratios to consider here for Calumet Specialty Products Partners LP (NASDAQ:CLMT) are discussed below:

Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The Price to Sale P/S and Price to Book P/B shows the value of 0.17 and 3 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 25.32 and 0 correspondingly.

The Quick Ratio of Calumet Specialty Products Partners LP (NASDAQ:CLMT) stands at 0.6 while the Current Ratio depicts the value of 1.4.

Return on Assets ROA of Calumet Specialty Products Partners LP (NASDAQ:CLMT) is at -3.9% whereas, Return on Equity ROE and Return of Investment ROI of Calumet Specialty Products Partners LP (NASDAQ:CLMT) stand at -48.5% and -7.5% respectively.

Stock Performance Analysis

The stock performance of Calumet Specialty Products Partners LP (NASDAQ:CLMT) on the basis of 5 day trade show the dip of -17.86% whereas, the monthly performance of the stock shows increase of 1.9%.

The quarterly performance of the stock remained in green zone with the value of 22.9% while six month performance of the shares of Calumet Specialty Products Partners LP (NASDAQ:CLMT) remained bullish with the count of 71.28%.

The yearly and YTD performance of Calumet Specialty Products Partners LP (NASDAQ:CLMT) remained up at 101.25% and 101.25% respectively.

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