Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Crossamerica Partners LP before investing.

In this article, we go over a few key elements for understanding Crossamerica Partners LP’s stock price such as:

• Crossamerica Partners LP’s current stock price and volume
• Why Crossamerica Partners LP’s stock price changed recently
• Upgrades and downgrades for CAPL from analysts
• CAPL’s stock price momentum as measured by its relative strength

About Crossamerica Partners LP (CAPL)

Before we jump into Crossamerica Partners LP’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

CrossAmerica Partners LP is a wholesale distributor of motor fuels, convenience store operator, and owner and lessee of real estate used in the retail distribution of motor fuels. The Company operates through two segments: Wholesale, and Retail. The Wholesale segment includes the wholesale distribution of motor fuel to lessee dealers and independent dealers. The Retail segment includes the retail sale of motor fuel at retail sites operated by commission agents and the sale of convenience merchandise items and the retail sale of motor fuel at company operated sites. The Company distributes motor fuel on a wholesale basis to approximately 1,700 sites located in 34 states. The Company owns or leases approximately 1,100 sites, of which it operates 295 as company operated sites. The Company distributes branded motor fuel under the Exxon, Mobil, BP, Shell, Sunoco, Valero, Gulf, Citgo, Marathon, and Phillips 66 brands to its customers.

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Crossamerica Partners LP’s Stock Price as of Market Close

As of August 08, 2024, 4:00 PM, CST, Crossamerica Partners LP’s stock price was $20.06.

Crossamerica Partners LP is up 4.42% from its previous closing price of $19.21.

During the last market session, Crossamerica Partners LP’s stock traded between $19.05 and $19.22. Currently, there are 37.99 million shares of Crossamerica Partners LP stock available for purchase.

Crossamerica Partners LP’s price-earnings (P/E) ratio is currently at 31.3, which is high compared to the Oil & Gas - Refining and Marketing industry median of 10. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Crossamerica Partners LP Stock Price History

Crossamerica Partners LP’s (CAPL) price is currently down 1.13% so far this month.

During the month of August, Crossamerica Partners LP’s stock price has reached a high of $21.36 and a low of $18.43.

Over the last year, Crossamerica Partners LP has hit prices as high as $24.19 and as low as $18.43. Year to date, Crossamerica Partners LP’s stock is up 1.16%.

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What Caused Crossamerica Partners LP Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 07, 2024, there was 1 analyst who downgraded Crossamerica Partners LP’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Crossamerica Partners LP’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Crossamerica Partners LP’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Crossamerica Partners LP’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Crossamerica Partners LP (CAPL) by visiting AAII Stock Evaluator.

Relative Price Strength of Crossamerica Partners LP

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 07, 2024, Crossamerica Partners LP has a weighted four-quarter relative price strength of -4.47%, which translates to a Momentum Score of 48 and is considered to be Average.

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Crossamerica Partners LP Stock Price: Bottom Line

As of August 8, 2024, Crossamerica Partners LP’s stock price is $20.06, which is up 4.42% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Crossamerica Partners LP stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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