HotPennyStockNews.com is devoted to fetch you the most exclusive stocks in the market today. Apart from scanning the markets for the most underrated stocks. We propel those victors directly to your email inbox first ahead of the rest of the marketplace gets a prospect.
Los Angelas, CA -- (SBWIRE) -- 10/09/2012 -- Arch Coal, Inc. (ACI) is a coal producer. During the year ended December 31, 2011, the Company sold approximately 156.9 million tons of coal, including approximately 5.5 million tons of coal it purchased from third parties, representing roughly 14% of the United States coal supply. It sells its coal to power plants, steel mills and industrial facilities.Arch Coal Inc. (NYSE:ACI) is currently trading at $6.48 down -2.4% in pre-market on 26950 shares traded. ACI is trading -2.00% below its 50 day moving average and -29.18% below its 200 day moving average. ACI is -66.58% below its 52-week higher and 29.42% above its 52-week low.
Can ACI Bounce Back? Find Out Here
Alpha Natural Resources, Inc. (NYSE:ANR) are a supplier and exporter of metallurgical coal for use in the steel-making process and a supplier of thermal coal to electric utilities and manufacturing industries across the country. As of December 31, 2011, it operated 145 mines and 35 coal preparation plants in Northern and Central Appalachia and the Powder River Basin. The Company operates in two segments: Eastern Coal Operations and Western Coal Operations. Eastern Coal Operations consists of the mines in Northern and Central Appalachia, its coal brokerage activities and its road construction business. Western Coal Operations consists of two Powder River Basin mines in Wyoming. Shares in the coal names showed some strength yesterday and Alpha Natural Resources (ANR) was one of the leaders early on. Alpha Natural shares finished at $6.78 after rising $0.20 (3.04%) on a volume of 14.5 million shares. The company is bouncing off of one month lows and is trading around a level which has provided a springboard for shares in recent months. We are not bullish here just yet, but recognize that if one believes Romney's running mate will have a good debate and/or we get some good news out of the coal sector then share prices can move higher in the short-term.
ANR Bounce Back or not? Free Sign Up Here
Shares of AK Steel Holding (NYSE: AKS) are trading at $5.10 and is -4.57% of its 50-day Moving Average price of $5.3443 and -15.23% from its 200-day Moving Average price of $6.0159. The average trading volume is 7315050 shares and its market capitalization is $564.1M.AK Steel Holding Corporation(NYSE:AKS) shares increased 4.72% and closed at $5.10 in yesterday’s session after AKS's stock had its “overweight” rating reaffirmed by research analysts at Barclays Capital in a report released yesterday. They currently have a $7.00 target price on the stock. Additionally, analysts predict that AK Steel Holding will post $-0.34 earnings per share for the current fiscal year.
What is going on with AKS ? FREE TREND REPORT Here
Baker Hughes Incorporated (BHI) is engaged in the oilfield services industry. Baker Hughes is a supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. It also provides industrial and other products and services to the downstream refining, and the process and pipeline industries. The Company may conduct its operations through subsidiaries, affiliates, ventures and alliances. It operates in more than 80 countries worldwide.Global Hunter Securities reissued their neutral rating on shares of Baker Hughes (NYSE: BHI) in a report released on Monday. Global Hunter Securities currently have a $49.00 target price on the stock. It (NYSE: BHI) reported EPS in 4.189. For the Current Fiscal year, the company is expected to report EPS of 3.64. For the Next Quarter and Next Year, the company is expected to report EPS of 0.93 and 4.10 respectively. At Current Market Price, BHI is in distance of -5.23% from its 50-day Moving Average price of $46.4791 and +1.63% from its 200-day Moving Average price of $43.3421.
How Should Investors React To BHI Now? Check Out Here
Neither HotPennyStockNews.com nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by HotPennyStockNews.com, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation. HotPennyStockNews.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through HotPennyStockNews.com. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to lose your entire investment. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein..
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)