Zacks Investment Research downgraded Alliance Holdings GP, L.P. (NASDAQ:AHGP) to Hold in a report released today.
- Updated: September 27, 2016
Zacks Investment Research has downgraded Alliance Holdings GP, L.P. (NASDAQ:AHGP) to Hold in a report released on 09/27/2016.
Previously on Friday July 17, 2015, Citigroup reported on Alliance Holdings GP, L.P. (NASDAQ:AHGP) reduced the target price from $72.00 to $56.00. At the time, this indicated a possible upside of 0.50%.
Yesterday Alliance Holdings GP, L.P. (NASDAQ:AHGP) traded -0.35% lower at $25.32. The company’s 50-day moving average is $24.67 and its 200-day moving average is $20.28. The last closing price is up 24.85% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 78,131 shares of the stock traded hands, down from an average trading volume of 88,892
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Alliance Holdings GP, L.P. has a 52 week low of $12.05 and a 52 week high of $35.76 with a P/E ratio of 9.41 The company’s market cap is currently $0.
General Information About Alliance Holdings GP, L.P. (NASDAQ:AHGP)
Alliance Holdings GP, L.P. is a limited partnership company. The Company owns directly and indirectly 100% of the members' interest in Alliance Resource Management GP, LLC (MGP), the managing general partner of Alliance Resource Partners, L.P. (ARLP). The Company's segments include Illinois Basin, Appalachia, and Other and Corporate. The Illinois Basin segment consists of various operating segments, including Webster County Coal's Dotiki mining complex, Gibson County Coal's mining complex, Hopkins County Coal's mining complex, White County Coal's Pattiki mining complex, Warrior's mining complex, Sebree Mining's mining complex, River View's mining complex and the Hamilton mining complex. The Appalachia segment consists of various operating segments, including the Mettiki mining complex, the Tunnel Ridge mining complex and the MC Mining mining complex. The Other and Corporate segment includes Alliance Service, Inc. (ASI) and its subsidiary, Matrix Design and its subsidiaries.
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