|Bid||0.9999 x 200|
|Ask||1.0000 x 200|
|Day's Range||0.9584 - 1.0100|
|52 Week Range||0.9584 - 1.0100|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") downgraded Westmoreland Coal Company's ("Westmoreland") Probability of Default Rating (PDR) to D-PD from Caa3-PD. Moody's also downgraded the company's Corporate Family Rating (CFR) to C from Caa3 and all instrument ratings to C from Ca.
Moody's Investors Service global trailing 12-month speculative-grade default rate closed 2.8% in July, down from 3.0% in June and 3.3% a year ago, the rating agency says in its latest global default report. "Higher oil prices, stronger economic growth across most regions and generally accommodative monetary policies have been the main drivers of the year-over-year decline in the global speculative-grade default rate," said Sharon Ou, a Moody's Vice President and Senior Credit Officer. Moody's forecasts the default rate to finish this year at 2.1%, before reaching 2.0% this time next year.
Is a Valuation Rerating in the Cards for Vale Stock? Severe weather conditions in March led to power plant outages and five flooded production pits. In 2017, Vale’s coal division generated positive adjusted EBITDA for the first time since 2010.
Moody's Liquidity-Stress Indicator (LSI) has slipped to 2.6% thus far in April from 2.8% at the end of March, Moody's Investors Service says in its most recent edition of SGL Monitor. The improvement was ...
Moody's Investors Service, ("Moody's") today downgraded the ratings of Westmoreland Coal Company (Westmoreland), including its corporate family rating (CFR) to Caa3 from Caa1, probability of ...
Westmoreland Coal Company’s (NASDAQ:WLB) most recent earnings announcement in December 2017 suggested company earnings became less negative compared to the previous year’s level – great news for investors Today IRead More...
Westmoreland Coal Company (NASDAQ:WLB), an energy company based in United States, saw a decent share price growth in the teens level on the NasdaqGM over the last few months. AsRead More...