JPMorgan Chase & Co. upgraded Arch Coal Inc (NASDAQ:ACIIQ) to Neutral in a report released today.
- Updated: September 15, 2016
JPMorgan Chase & Co. has upgraded Arch Coal Inc(NASDAQ:ACIIQ) to Neutral in a report released on 9/13/2016.
Boasting a price of $0.28, Arch Coal Inc (NASDAQ:ACIIQ) traded 6.00% lower on the day. With the last stock price down 33.33% from the 200-day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. Arch Coal Inc has been tracking to a 50-day average of $0.34 and two hundred day moving average of $0.35. 272,703 shares of ACIIQ traded, up from ann average volume of 143,511
Arch Coal Inc has a 52 week low of $0.11 and a 52 week high of $4.80 and has a total market value of $0.0.
Brief Synopsis On Arch Coal Inc (NASDAQ: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, and or contracts out the operation of approximately 10 active mines in the United States.
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