Zacks Investment Research downgraded Cloud Peak Energy Inc. (NYSE:CLD) to Hold in a statement released earlier today.
- Updated: September 28, 2016
Yesterday Cloud Peak Energy Inc. (NYSE:CLD) traded 15.12% higher at $4.95. The company’s 50-day moving average is $3.91 and its 200-day moving average is $2.66. The last stock close price is up 86.10% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,129,657 shares of the stock were exchanged, up from an average trading volume of 1,326,180
Zacks Investment Research has downgraded Cloud Peak Energy Inc. (NYSE:CLD) to Hold in a report released on 9/28/2016.
Previously on 04/29/2016, FBR Capital reported about Cloud Peak Energy Inc. (NYSE:CLD) lowered the target price from $1.50 to $1.25. At the time, this indicated a possible downside of -0.45%.
See Chart Below
Cloud Peak Energy Inc. has a with a one year low of $1.08 and a one year high of $5.02 CLD’s market capitalization is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 7 brokerages have issued a research note on the company. The average stock price target is $2.27 with 1 brokerage rating the stock a strong buy, 0 brokerages rating the stock a buy, 6 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Cloud Peak Energy Inc. (NYSE:CLD)
Cloud Peak Energy Inc. is a producer of coal in the United States of America and the Powder River basin (PRB). The Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine, and the Spring Creek Mine. The Company operates through two segments: Owned and Operated Mines segment, and Logistics and Related Activities. The Company's Owned and Operated Mines segment is characterized by the focus on thermal coal production. Its segment includes the Company's Antelope Mine, Cordero Rojo Mine, and Spring Creek Mine. The Company's Logistics and Related Activities segment is characterized by the services the Company provides to its international and domestic customers. The services provided by it include the purchase of coal from third parties or from its owned and operated mines, at market prices, as well as the contracting and coordination of the transportation and other handling services from third-party operators, which are rail and terminal companies.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.