Cloud Peak Energy Inc (CLD) : The consensus on Cloud Peak Energy Inc (CLD) based on 6 analyst recommendation on the company stock is 3.67, which is interpreted as a Sell recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 3 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Cloud Peak Energy Inc (CLD) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $6 and the lowest price target forecast is $1. The average forecast of all the analysts is $2.44 and the expected standard deviation is $2.09.
Cloud Peak Energy Inc (NYSE:CLD): The stock opened at $2.26 on Wednesday but the bulls could not build on the opening and the stock topped out at $2.29 for the day. The stock traded down to $2.14 during the day, due to lack of any buying support eventually closed down at $2.17 with a loss of -5.24% for the day. The stock had closed at $2.29 on the previous day. The total traded volume was 702,379 shares.
The company shares have dropped -41.88% from its 1 Year high price. On Aug 31, 2015, the shares registered one year high at $4.79 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $2.00 and the 200 Day Moving Average price is recorded at $1.91.
Cloud Peak Energy Inc. is a holding company that manages its 100% owned subsidiary, Cloud Peak Energy Resources LLC (CPE Resources). The Company is a producer of coal in the United States of America and the Powder River basin (PRB). The Company operates in three segments: Owned and Operated Mines, Logistics and Related Activities, and Corporate and Other. The Owned and Operated Mines segment focuses on thermal coal production. The Logistics and Related Activities segment delivers coal to the customer at a terminal or the customers plant or other delivery point, remote from its mine site. The Corporate and Other segment includes results relating to broker activity, its share of the Decker mine operations. The Company operates in the PRB, where it operates three surface coal mines, which include the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. It also has two development projects, including the Youngs Creek project and the Crow project.