Price Action Alert: Is Selling Stock Like Cloud Peak Energy Inc. After Such Decline Winning Strategy?

Price Action Alert: Is Selling Stock Like Cloud Peak Energy Inc. After Such Decline Winning Strategy?

The stock of Cloud Peak Energy Inc. (NYSE:CLD) is a huge mover today! About 1.70M shares traded hands. Cloud Peak Energy Inc. (NYSE:CLD) has risen 246.01% since April 13, 2016 and is uptrending. It has outperformed by 242.08% the S&P500.
The move comes after 6 months negative chart setup for the $418.13M company. It was reported on Nov, 15 by Barchart.com. We have $6.10 PT which if reached, will make NYSE:CLD worth $45.99 million less.

Cloud Peak Energy Inc. (NYSE:CLD) Ratings Coverage

Out of 9 analysts covering Cloud Peak Energy (NYSE:CLD), 2 rate it a “Buy”, 3 “Sell”, while 4 “Hold”. This means 22% are positive. Cloud Peak Energy has been the topic of 14 analyst reports since July 30, 2015 according to StockzIntelligence Inc. FBR Capital maintained Cloud Peak Energy Inc. (NYSE:CLD) rating on Thursday, October 13. FBR Capital has “Underperform” rating and $4 price target. The firm earned “Market Perform” rating on Wednesday, October 28 by BMO Capital Markets. The firm earned “Buy” rating on Friday, October 28 by Stifel Nicolaus. The firm has “Market Perform” rating by FBR Capital given on Thursday, February 4. As per Friday, November 20, the company rating was downgraded by UBS. On Thursday, July 30 the stock rating was maintained by Cowen & Co with “Outperform”. Barclays Capital downgraded Cloud Peak Energy Inc. (NYSE:CLD) on Tuesday, January 12 to “Underweight” rating. The firm has “Equal-Weight” rating given on Monday, October 5 by Barclays Capital. As per Friday, April 29, the company rating was downgraded by FBR Capital. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Tuesday, October 6 report.

According to Zacks Investment Research, “Cloud Peak Energy operates as a producer of low sulfur, high quality, sub-bituminous coal in the United States. It owns and operates three surface coal mines in the Powder River Basin named: Antelope, Cordero Rojo and the Spring Creek Mine. The Antelope Mine and Cordero Rojo Mine are located in Wyoming and the Spring Creek Mine is located near Decker, Montana. The company is headquartered in Gillette, Wyoming.”

Insitutional Activity: The institutional sentiment decreased to 0.49 in 2016 Q2. Its down 0.48, from 0.97 in 2016Q1. The ratio is negative, as 27 funds sold all Cloud Peak Energy Inc. shares owned while 45 reduced positions. 9 funds bought stakes while 26 increased positions. They now own 45.92 million shares or 11.90% less from 52.12 million shares in 2016Q1.
Thrivent For Lutherans, a Minnesota-based fund reported 29,700 shares. Bnp Paribas Arbitrage holds 24,470 shares or 0% of its portfolio. Van Den Berg Mngmt I has 334,880 shares for 0.09% of their US portfolio. Anchor Cap Advsrs Ltd Liability last reported 602,700 shares in the company. Vanguard Group Inc has invested 0% of its portfolio in Cloud Peak Energy Inc. (NYSE:CLD). Commonwealth Equity accumulated 17,652 shares or 0% of the stock. Franklin Resource, a California-based fund reported 3.44 million shares. Aegis Financial, a Virginia-based fund reported 483,100 shares. Brandes Prtn Ltd Partnership holds 0% or 70,171 shares in its portfolio. Geode Mngmt Limited Liability owns 331,889 shares or 0% of their US portfolio. Royal Bancshares Of Canada reported 8,000 shares or 0% of all its holdings. Pinebridge Invests L P has 7,189 shares for 0% of their US portfolio. Moreover, Blackrock Advsrs Llc has 0% invested in Cloud Peak Energy Inc. (NYSE:CLD) for 9,192 shares. California Public Employees Retirement Systems has invested 0% of its portfolio in Cloud Peak Energy Inc. (NYSE:CLD). Moreover, Jpmorgan Chase And has 0% invested in Cloud Peak Energy Inc. (NYSE:CLD) for 96,636 shares.

More notable recent Cloud Peak Energy Inc. (NYSE:CLD) news were published by: Businesswire.com which released: “Cloud Peak Energy Recognized as Outstanding Corporation by the Association of …” on November 14, 2016, also Fool.com with their article: “Why Alliance Resource Partners, LP, Alliance Holdings GP, LP, and Cloud Peak …” published on November 07, 2016, Fool.com published: “Why Shares of Cloud Peak Energy Inc. Jumped 17% Today” on October 28, 2016. More interesting news about Cloud Peak Energy Inc. (NYSE:CLD) were released by: Fool.com and their article: “Cloud Peak Energy Inc. Stock Jumps on Credit-Rating Upgrade” published on October 18, 2016 as well as 247Wallst.com‘s news article titled: “Will Coal Really Make a Comeback Under Trump?” with publication date: November 09, 2016.

CLD Company Profile

Cloud Peak Energy Inc., incorporated on July 31, 2008, is a producer of coal in the United States and the Powder River basin (PRB). The Firm owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine, and the Spring Creek Mine. The Firm operates through two divisions: Owned and Operated Mines segment, and Logistics and Related Activities. The Company’s Owned and Operated Mines segment is characterized by its focus on thermal coal production. The Company’s Owned and Operated Mines segment includes the Company’s Antelope Mine, Cordero Rojo Mine, and Spring Creek Mine. The Firm focuses on domestic electric utilities and its mines utilize surface mining extraction processes, and are located in the PRB. The Company’s Logistics and Related Activities segment is characterized by the services the Company provides to its international and domestic customers. The services provided by the Company include the purchase of coal from third parties or from its owned and operated mines, at market prices, as well as the contracting and coordination of the transportation, and other handling services from third-party operators, which are rail and terminal companies.

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