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Peabody Energy (BTU) in Focus: Stock Moves 9.5% Higher

Zacks Equity Research

Peabody Energy Corporation BTU was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $9.04 –$10.32 in the past one-month time frame, witnessed a sharp increase yesterday.
    
The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be 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.

Peabody Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Peabody Energy Corporation Price

Peabody Energy Corporation Price
Peabody Energy Corporation Price

Peabody Energy Corporation price | Peabody Energy Corporation Quote

Investors interested in the Coal industry may consider Hallador Energy Company HNRG, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is BTU going up? Or down? Predict to see what others think:Up or Down

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Hallador Energy Company (HNRG) : Free Stock Analysis Report
 
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