| Westmoreland Coal (WLB) in Focus: Stock Tumbles 8.7% - Tale of the Tape | |
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Westmoreland Coal Co. (WLB) saw a big move last session, as the company’s shares fell by nearly 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for WLB, as the stock is now down 35% in the past one-month time frame.
Although this slump was obviously disappointing and the coal company has not seen any positive revisions, its current year consensus loss estimate has narrowed over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for WLB. So make sure to keep an eye on this stock going forward to see if yesterday’s price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.
WLB currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the coal sector is Rhino Resource Partners LP (RNO), which currently carries a Zacks Rank #1 (Strong Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WESTMORELAND CO (WLB): Free Stock Analysis Report RHINO RESOURCES (RNO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Westmoreland Coal Co.
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CODE : WLB |
ISIN : US9608781061 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Westmoreland Coal is a coal producing company based in United states of america. Westmoreland Coal is listed in United States of America. Its market capitalisation is US$ 2.8 millions as of today (€ 2.3 millions). Its stock quote reached its highest recent level on May 18, 2012 at US$ 9.99, and its lowest recent point on April 24, 2018 at US$ 0.15. Westmoreland Coal has 18 744 151 shares outstanding. |