Dropping The 52 Week Low, Crossamerica Partners LP (NYSE:CAPL) Closing Trading At $15.35

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Crossamerica Partners LP (NYSE:CAPL)

December 6th, 2018
Crossamerica Partners LP finished Thursday’s trading session down 0.32%, a $0.05 decrease to close on $15.35. As well as the drop in value, Crossamerica Partners LP hit a new 52 week low of $14.75, breaking the previous low of $15.26 from earlier this August.

CAPL outperformed the rest of the Energy sector which went down just 1.77% today.

Expectations from 6 analysts indicates that Crossamerica Partners LP might increase significantly (28%), while Finbox has calculated (with high uncertainty) a fair value price of $17.49.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector declining 13%.

Communication Services saw the biggest turnaround from its 5-day performance of -0.23%, as it went up 1.04%. Energy and Materials saw turn arounds from their five day positive performance, Energy with a drop of 1.77%.

Sector Breakdown

  • Real Estate went up with a 2.66% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.10% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.36% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

Crossamerica Partners LP Info

CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. The company operates in two segments, Wholesale and Retail. The wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, operators of retail motor fuel stations, Circle K Stores Inc., and company operated retail sites. The Retail segment is involved in the sale of convenience merchandise items; and retail sale of motor fuels at company operated retail sites and retail sites operated by commission agents. As of February 27, 2018, the company distributed fuel to approximately 1,200 locations; and owned or leased approximately 900 sites located in 31 states. CrossAmerica GP LLC operates as the general partner of the company. The company was formerly known as Lehigh Gas Partners LP and changed its name to CrossAmerica Partners LP in October 2014. CrossAmerica Partners LP was founded in 1992 and is based in Allentown, Pennsylvania.

All amounts in USD unless otherwise indicated
CAPL daily update

CAPL daily update
CAPL daily update

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