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Cloud Peak Energy (CLD) Shows Strength: Stock Up 10.4%
Cloud Peak Energy Inc. was a big mover last session, as the company saw its shares above 10% on the day. The upside was driven by the company’s improved fourth-quarter fiscal 2016 results. Also, this led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $5.18 to $5.91 in the past one-month time frame.
The company has seen one negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Cloud Peak Energy currently has a Zacks Rank #4 (Sell).
Cloud Peak Energy Inc Price
Cloud Peak Energy Inc Price | Cloud Peak Energy Inc Quote
A better-ranked stock in the Coal industry is Alliance Holdings GP, L.P. , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is CLD going up? Or down? Predict to see what others think: Up or Down
Just Released – Driverless Cars: Your Roadmap to Mega-Profits Today
In this latest Special Report, Zacks’ Aggressive Growth Strategist Brian Bolan explores a full-blown technological breakthrough in the making – autonomous cars. He also spotlights 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >>