PBF Energy Inc. (PBF) traded within a range of $23.96 to $24.75 after opening the day at $24.61. The company has seen its stock decrease in value by -11.91% so far this year. The stock was down close to -0.16% on active volume in last trading session and closed at $24.56 per share. After the recent fall, the stock is currently holding -28.55% below its 52 week high of $35.67 and 27.84% above its 12-month low of $19.47. The shares are down by over -6.01% in the last three months, and the RSI indicator value of 52.49 is neither bullish nor bearish, tempting investors to stay on the sidelines.
PBF Energy Inc., together with its subsidiaries, engages in the refining and supply of petroleum products. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products. The company sells its products in Northeast and Midwest of the United States, as well as in other regions of the United States and Canada. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey.
ZAIS Group Holdings, Inc. (ZAIS) failed to extend gains with the stock declining -21.99% or $-0.95 to close the day at $3.37 on light trading volume of 2.72M shares, compared to its three month average trading volume of 528.66K. The Red Bank New Jersey 07701 based company has been underperforming the asset management group over the past 52 weeks, with the stock losing -48.47%, compared to the industry which has advanced 32.86% over the same period. With RSI of 66.93, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.
ZAIS Group Holdings, Inc., an investment management company, focuses on investments in specialized credit strategies. The company manages assets across mortgage-related specialized credit strategies, including residential whole loans, residential mortgage backed securities, asset backed securities, and commercial mortgage backed securities; and corporate-credit, including collateralized loan obligations, collateralized bond obligations, collateralized synthetic obligations, credit default swaps, high yield bonds, and leveraged loans. It also provides solutions to investors in structured credit. ZAIS Group Holdings, Inc. has operations in the United States, London, and Shanghai. The company was founded in 1997 and is based in Red Bank, New Jersey.
Zions Bancorporation (ZION) gained $0.22 to close the day at a new closing price of $45.3, a 0.49% increase in value from its previous closing price that moved the stock 127.65% above its 52 week low of $20.08. A total of 2.69M shares exchanged hands during the day compared with its three month average trading volume of 2.67M. The stock, which fluctuated between $45.05 and $45.52 during the day, currently situated 0.2% above its 52 week high. The stock is up by 8.65% in the past one month and up by 18.09% over the past three months. With a one year target estimate of $45.96 and RSI of 64.48, the stock still has upside potential, making it a hold for now.
Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related products and services; and residential mortgage servicing and lending. It also provides trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services. In addition, the company offers personal banking services to individuals, including home mortgages, bankcards, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, safe deposit facilities, direct deposits, and Internet and mobile banking services. Further, it provides online and traditional brokerage services; small business administration and secondary market agricultural real estate mortgage loans; and bond transfer, stock transfer, and escrow services for corporate customers. As of December 31, 2015, the company operated 450 domestic branches. Zions Bancorporation was founded in 1873 and is headquartered in Salt Lake City, Utah.