A statement released today by FBR & Co. about Arch Coal (OTCMKTS:ACIIQ) raises the target price to $71.00
- Updated: October 4, 2016
Displaying a price of $0.05, Arch Coal (OTCMKTS:ACIIQ) traded -20.00% lower on the day. The last stock close price is down -86.76% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. ACIIQ has recorded a 50-day moving average of $0.32 and a 200-day moving average of $0.35. 7,457,366 shares of the stock were exchanged, up from an avg. volume of 645,098
In a report released on Wednesday October 05, 2016 FBR & Co. increased the stock price target of Arch Coal (OTCMKTS:ACIIQ) to $71.00 stating a potential upside of 1419%.
Recent Performance Chart
Arch Coal has with a one year low of $0.04 and a 52 week high of $4.80 and has a market capitalization of $0.
General Company Details For Arch Coal (OTCMKTS:ACIIQ)
Arch Coal, Inc. is a coal producer. The Company is engaged in the production of thermal and metallurgical coal from surface and underground mines located throughout the United States, for sale to utility, industrial and steel producers both in the United States and around the world. The Company operates mining complexes in West Virginia, Kentucky, Maryland, Virginia, Illinois, Wyoming and Colorado. The Company's segments include the Powder River Basin and Appalachia. The Powder River Basin segment includes operations in Wyoming. The Appalachia segment includes operations in West Virginia, Kentucky, Maryland and Virginia. The Company also sells coal from operations in Colorado and Illinois. Powder River Basin consists of Black Thunder and Coal Creek mines. The Company's mines in Appalachia include Coal-Mac, Lone Mountain, Mountain Laurel, Beckley, Vindex, Sentinel and Leer. The Company operates, or contracts out the operation of approximately 10 active mines in the United States.
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