CVR Partners's share follows a bearish trend which should continue in the coming sessions.
Surperformance ratings highlight the poor fundamental of the company. Even if the company benefits from a high profitability, net margin around 37% last year, margins are expected to decrease in the coming years. Sales should follow the same pace. Moreover, analysts have largely reduced their EPS estimates, by 22% for 2014 ones and 38% for 2015.
Technically, the stock is following a downtrend since the USD 21.75 resistance level stopped the price progression. Moving averages orientation on all time scales demonstrates the seller’s pressure. The correction movement should push down prices towards USD 15.83 (long-term support) in the coming sessions.
Therefore, investors could therefore open short positions on the current prices to aim at USD 15.83. However the position needs to be protected by a stop-loss order above the USD 17.87.
CVR Partners, LP owns and operates the nitrogen fertilizer business. It produces nitrogen fertilizer products at two manufacturing facilities, one located in Coffeyville, Kansas operated by its subsidiary, Coffeyville Resources Nitrogen Fertilizers, LLC (the Coffeyville Facility) and one located in East Dubuque, Illinois operated by its wholly owned subsidiary, East Dubuque Nitrogen Fertilizers, LLC (EDNF). Both facilities manufacture ammonia and are able to further upgrade such ammonia to other nitrogen fertilizer products, principally urea ammonium nitrate (UAN). Nitrogen fertilizer is used by farmers to improve the yield and quality of their crops, primarily corn and wheat. Its products are sold on a wholesale basis in the United States of America. The Coffeyville Facility manufacturing facility includes a 1,300 ton-per-day ammonia unit, a 3,100 ton-per-day UAN unit and a dual-train gasifier complex having a capacity of 89 million standard cubic feet per day of hydrogen.
CVR PARTNERS, LP 
