Cloud Peak Energy Inc (NYSE:CLD) has risen sharply, recording gains of 9.9% in the past 4 weeks. However, the stock has corrected -1.77% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 8.16% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The company shares have dropped -48.37% 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 $2.02 and the 200 Day Moving Average price is recorded at $1.91.
The stock has recorded a 20-day Moving Average of 8.11% and the 50-Day Moving Average is 8.84%.
Cloud Peak Energy Inc (NYSE:CLD): stock turned positive on Friday. Though the stock opened at $2.09, the bulls momentum made the stock top out at $2.24 level for the day. The stock recorded a low of $2.05 and closed the trading day at $2.22, in the green by 7.77%. The total traded volume for the day was 892,948. The stock had closed at $2.06 in the previous days trading.
In an insider trading activity, Bailey Keith E, director of Cloud Peak Energy Inc., executed a transaction worth $99,831 on December 11, 2014. A total of 10,700 shares were purchased at an average price of $9.33. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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.