|Bid||3.4200 x 3200|
|Ask||3.4700 x 3100|
|Day's Range||3.3300 - 3.9100|
|52 Week Range||0.8000 - 9.8700|
|Beta (5Y Monthly)||1.68|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.58 (17.79%)|
|Ex-Dividend Date||Oct 29, 2019|
|1y Target Est||N/A|
Shares of global coal giant Peabody Energy (NYSE: BTU) fell as much as 16% on Thursday, just one day after a new administration took over in Washington. No news from Peabody appears to have precipitated this decline, but the government handover is a very big deal that likely has investors reevaluating this coal miner's stock. The previous administration had been a staunch supporter of coal.
Moody's Investors Service ("Moody's") assigned Caa1 ratings to proposed senior secured notes to Peabody Energy Corporation ("Peabody") and assigned B3 to senior secured term loan and senior secured notes co-issued by PIC AU Holdings Corporation and PIC AU Holdings LLC, an Australian subsidiary of Peabody Energy Corporation. Moody's also confirmed Peabody's Caa1 Corporate Family Rating ("CFR"), confirmed the Caa1 senior secured ratings for the company's bank debt and Senior Secured Notes due 2025, and downgraded the senior secured rating for the company's Senior Secured Notes due 2022 ("Existing Notes").
Investors need to pay close attention to Peabody Energy (BTU) stock based on the movements in the options market lately.