|Bid||9.21 x 1400|
|Ask||9.35 x 800|
|Day's Range||8.94 - 9.53|
|52 Week Range||0.80 - 9.53|
|Beta (5Y Monthly)||1.47|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 03, 2021 - Aug 09, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Oct 29, 2019|
|1y Target Est||4.63|
Coal industry stocks like Peabody (BTU), CONSOL Energy (CEIX) and Ramaco Resources (METC) stand to benefit from improvement in coal demand.
Investors need to pay close attention to Peabody (BTU) stock based on the movements in the options market lately.
Shares of coal producer Peabody Energy (NYSE: BTU) fell as much as 23.1% in trading on Tuesday after some of the euphoria in the stock yesterday wore off. Shares of the coal energy stock jumped yesterday because warmer than normal weather is expected in the U.S., which caused a jump in natural gas prices on hope that supply would exceed demand. More importantly, coal power plants across the country have been shut down for good, and there's going to be less demand for coal in the future.