Cloud Peak Energy Inc (CLD) : Traders are bullish on Cloud Peak Energy Inc (CLD) as it has outperformed the S&P 500 by a wide margin of 15.63% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.69%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.22% in the last 1 week, and is up 15.47% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 8.44% and the 50-Day Moving Average is 33.39%.The 200 Day SMA reached 78.92%. Cloud Peak Energy Inc. is up 78.32% in the last 3-month period. Year-to-Date the stock performance stands at 93.75%.
Cloud Peak Energy Inc (NYSE:CLD): After opening at $4.08, the stock dipped to an intraday low of $3.94 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $4.145 and the buying power remained strong till the end. The stock closed at $4.03 for the day, a gain of 0.75% for the day session. The total traded volume was 2,762,827. The stocks close on the previous trading day was $4.
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.