Westmoreland Coal (WLB) Stock Price Down 20.3%
Shares of Westmoreland Coal (NASDAQ:WLB) were down 20.3% during mid-day trading on Wednesday . The stock traded as low as $0.54 and last traded at $0.55. Approximately 1,469,123 shares changed hands during mid-day trading, an increase of 221% from the average daily volume of 457,904 shares. The stock had previously closed at $0.69.
Several analysts have issued reports on WLB shares. Zacks Investment Research raised Westmoreland Coal from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 2nd. B. Riley reaffirmed a “buy” rating on shares of Westmoreland Coal in a research note on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. Westmoreland Coal presently has a consensus rating of “Hold” and a consensus target price of $6.00.
The firm has a market capitalization of $10.66, a P/E ratio of -0.09 and a beta of 0.48. The company has a current ratio of 1.04, a quick ratio of 0.71 and a debt-to-equity ratio of -1.32.
WARNING: This piece of content was originally published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The original version of this piece of content can be viewed at https://theolympiareport.com/2018/02/14/westmoreland-coal-wlb-stock-price-down-20-3.html.
About Westmoreland Coal
Westmoreland Coal Company is an energy company. The Company operates through six segments: Coal-U.S., Coal-Canada, Coal-(WMLP), Power, Heritage and Corporate. The Coal-U.S. segment includes the operations of coal mines located in Montana, North Dakota, Ohio, Texas and New Mexico. The Coal-Canada segment includes the operations of coal mines located in Alberta and Saskatchewan.
Receive News & Ratings for Westmoreland Coal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westmoreland Coal and related companies with MarketBeat.com's FREE daily email newsletter.