CONSOL Coal Resources LP (NYSE:CCR) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 183,500 shares, a growth of 10.0% from the April 30th total of 166,800 shares. Based on an average trading volume of 70,900 shares, the short-interest ratio is presently 2.6 days. Currently, 1.7% of the shares of the stock are short sold.

CONSOL Coal Resources stock traded down $0.08 during trading hours on Thursday, reaching $4.44. 21,245 shares of the company’s stock were exchanged, compared to its average volume of 64,224. The company has a quick ratio of 0.49, a current ratio of 0.68 and a debt-to-equity ratio of 1.00. The firm’s 50 day simple moving average is $5.05 and its 200 day simple moving average is $8.06. CONSOL Coal Resources has a twelve month low of $3.95 and a twelve month high of $17.08. The firm has a market capitalization of $122.39 million, a PE ratio of 4.08 and a beta of 1.01.

CONSOL Coal Resources (NYSE:CCR) last issued its quarterly earnings results on Monday, May 11th. The energy company reported $0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.06). CONSOL Coal Resources had a return on equity of 14.12% and a net margin of 9.58%. The business had revenue of $67.37 million for the quarter, compared to analyst estimates of $71.30 million. Analysts anticipate that CONSOL Coal Resources will post 0.18 EPS for the current year.

A number of institutional investors have recently modified their holdings of the business. Virtus ETF Advisers LLC grew its holdings in CONSOL Coal Resources by 56.2% during the 4th quarter. Virtus ETF Advisers LLC now owns 279,021 shares of the energy company’s stock worth $2,623,000 after acquiring an additional 100,363 shares during the period. Jane Street Group LLC acquired a new stake in CONSOL Coal Resources during the 4th quarter worth about $1,019,000. Bank of America Corp DE grew its holdings in CONSOL Coal Resources by 112.2% during the 4th quarter. Bank of America Corp DE now owns 42,831 shares of the energy company’s stock worth $403,000 after acquiring an additional 22,651 shares during the period. Finally, Goldman Sachs Group Inc. acquired a new stake in CONSOL Coal Resources during the 4th quarter worth about $189,000. Hedge funds and other institutional investors own 22.13% of the company’s stock.

Several research analysts recently issued reports on CCR shares. Benchmark started coverage on CONSOL Coal Resources in a research report on Wednesday, February 19th. They set a “hold” rating and a $8.21 target price for the company. Zacks Investment Research raised CONSOL Coal Resources from a “sell” rating to a “hold” rating in a research report on Monday, March 23rd. TheStreet lowered CONSOL Coal Resources from a “c” rating to a “d+” rating in a research report on Monday. B. Riley lowered their target price on CONSOL Coal Resources from $11.00 to $9.00 and set a “buy” rating for the company in a research report on Tuesday, March 24th. Finally, ValuEngine lowered CONSOL Coal Resources from a “hold” rating to a “sell” rating in a research report on Wednesday, April 8th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. CONSOL Coal Resources currently has a consensus rating of “Hold” and a consensus target price of $13.05.

CONSOL Coal Resources Company Profile

CONSOL Coal Resources LP produces and sells high-Btu thermal coal in the Northern Appalachian Basin and the eastern United States. It owns a 25% undivided interest in the Pennsylvania mining complex, which consists of three underground mines and related infrastructure that produce high-Btu bituminous thermal coal located primarily in southwestern Pennsylvania.

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