Cloud Peak Energy (NYSE:CLD) was downgraded by ValuEngine from a “sell” rating to a “strong sell” rating in a report issued on Saturday, February 17th.
CLD has been the subject of several other reports. Stifel Nicolaus restated a “buy” rating and set a $7.00 target price on shares of Cloud Peak Energy in a research note on Tuesday, January 16th. Zacks Investment Research upgraded Cloud Peak Energy from a “hold” rating to a “buy” rating and set a $4.75 price target for the company in a research note on Tuesday, November 14th. BMO Capital Markets set a $5.00 price target on Cloud Peak Energy and gave the stock a “hold” rating in a research note on Friday, October 27th. B. Riley reiterated a “neutral” rating on shares of Cloud Peak Energy in a research note on Wednesday, November 1st. Finally, JPMorgan Chase & Co. downgraded Cloud Peak Energy from an “overweight” rating to a “neutral” rating in a research note on Monday, November 20th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $4.80.
Shares of Cloud Peak Energy (NYSE CLD) traded down $0.02 during trading on Friday, hitting $3.30. The stock had a trading volume of 745,125 shares, compared to its average volume of 1,184,005. The company has a quick ratio of 1.65, a current ratio of 2.26 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $249.47, a P/E ratio of 12.22 and a beta of 2.05. Cloud Peak Energy has a 12 month low of $2.78 and a 12 month high of $5.70.
A number of large investors have recently bought and sold shares of CLD. MetLife Investment Advisors LLC bought a new position in Cloud Peak Energy in the fourth quarter worth about $193,000. Millennium Management LLC lifted its holdings in Cloud Peak Energy by 738.6% in the fourth quarter. Millennium Management LLC now owns 1,042,506 shares of the mining company’s stock worth $4,639,000 after acquiring an additional 918,196 shares during the last quarter. Two Sigma Investments LP bought a new position in Cloud Peak Energy in the fourth quarter worth about $1,886,000. Two Sigma Advisers LP bought a new position in Cloud Peak Energy in the fourth quarter worth about $157,000. Finally, Ellington Management Group LLC bought a new position in Cloud Peak Energy in the fourth quarter worth about $124,000. Institutional investors and hedge funds own 82.38% of the company’s stock.
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About Cloud Peak Energy
Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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