Shares of ConturaEnergyInc . (NASDAQ:CTRA) have earned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.
Brokerages have set a one year consensus price objective of $107.00 for the company and are expecting that the company will post $4.30 EPS for the current quarter, according to Zacks. Zacks has also assigned ConturaEnergyInc . an industry rank of 32 out of 255 based on the ratings given to related companies.
Separately, Zacks Investment Research lowered shares of ConturaEnergyInc . from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 11th.
ConturaEnergyInc . stock traded up $0.44 during midday trading on Friday, reaching $56.64. The stock had a trading volume of 195,855 shares, compared to its average volume of 67,233. ConturaEnergyInc . has a 52-week low of $55.47 and a 52-week high of $81.00.
In other ConturaEnergyInc . news, major shareholder Whitebox Advisors Llc sold 25,700 shares of the firm’s stock in a transaction that occurred on Monday, January 7th. The shares were sold at an average price of $64.91, for a total value of $1,668,187.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kevin S. Crutchfield sold 5,600 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $61.06, for a total transaction of $341,936.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 75,886 shares of company stock valued at $4,674,914.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Royce & Associates LP acquired a new stake in ConturaEnergyInc . in the fourth quarter valued at approximately $30,000. O Shaughnessy Asset Management LLC acquired a new stake in ConturaEnergyInc . during the 4th quarter worth $240,000. Honeywell International Inc. acquired a new stake in ConturaEnergyInc . during the 4th quarter worth $282,000. California Public Employees Retirement System acquired a new stake in ConturaEnergyInc . during the 4th quarter worth $295,000. Finally, Partnervest Advisory Services LLC acquired a new stake in ConturaEnergyInc . during the 4th quarter worth $299,000.
ConturaEnergyInc . Company Profile
Contura Energy, Inc extracts, processes, and markets steam and metallurgical coal to electric utilities, steel and coke producers, and industrial customers in the United States and internationally. The company operates in three segments: Central Appalachia Operations, Northern Appalachia Operations, and Trading and Logistics.
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