Contura Energy (CNTE) Upgraded by Zacks Investment Research to “Hold”
Zacks Investment Research upgraded shares of Contura Energy (OTCMKTS:CNTE) from a sell rating to a hold rating in a research note released on Thursday.
According to Zacks, “Contura Energy Inc. is a mining company. The Company supplies metallurgical and thermal coal to generate power. It operates primarily in Pennsylvania, Virginia, West Virginia and Wyoming. Contura Energy Inc. is based in Bristol, United States. “
CNTE has been the topic of a number of other research reports. FBR & Co restated a buy rating and set a $96.00 price target on shares of Contura Energy in a report on Wednesday, August 30th. ValuEngine downgraded shares of Contura Energy from a strong-buy rating to a buy rating in a report on Friday, September 1st. Finally, B. Riley reiterated a buy rating on shares of Contura Energy in a research note on Wednesday, November 1st. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of $84.00.
Contura Energy (CNTE) traded up $1.00 during trading on Thursday, hitting $57.00. 2,884 shares of the stock were exchanged, compared to its average volume of 5,452. The company has a current ratio of 1.66, a quick ratio of 1.43 and a debt-to-equity ratio of 12.75. Contura Energy has a fifty-two week low of $54.00 and a fifty-two week high of $78.00.
Contura Energy Company Profile
Contura Energy, Inc is a diversified provider of metallurgical (met) and steam coal. The Company operates coal mines across three United States coal basins. The Company operates through four segments: Central Appalachia (CAPP) Operations, Northern Appalachia (NAPP) Operations, Powder River Basin (PRB) Operations and Trading and Logistics Operations.
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