Cloud Peak Energy Inc. (NYSE:CLD)’s share price traded up 7.8% during mid-day trading on Friday . The stock traded as high as $2.24 and last traded at $2.22, with a volume of 893,300 shares traded. The stock had previously closed at $2.06.

Several equities analysts recently issued reports on the company. Zacks Investment Research cut Cloud Peak Energy from a “buy” rating to a “hold” rating in a research note on Friday, April 22nd. FBR & Co cut Cloud Peak Energy from a “market perform” rating to an “underperform” rating and reduced their price objective for the stock from $1.50 to $1.25 in a research note on Friday, April 29th. Finally, Clarkson Capital upgraded Cloud Peak Energy from a “market perform” rating to an “outperform” rating and reduced their price objective for the stock from $26.00 to $24.00 in a research note on Monday, March 28th. Five analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $5.87.

The company’s market cap is $130.24 million. The stock’s 50 day moving average price is $2.02 and its 200-day moving average price is $1.91.

Cloud Peak Energy (NYSE:CLD) last posted its earnings results on Thursday, April 28th. The mining company reported ($0.53) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.15) by $0.38. The company earned $181.25 million during the quarter, compared to analysts’ expectations of $207.08 million. During the same period in the prior year, the business posted ($0.05) EPS. The business’s revenue was down 42.9% on a year-over-year basis. On average, equities analysts anticipate that Cloud Peak Energy Inc. will post ($0.91) EPS for the current fiscal year.

A number of hedge funds and institutional investors have modified their holdings of the company. Morgan Stanley increased its position in shares of Cloud Peak Energy by 15.7% in the fourth quarter. Morgan Stanley now owns 538,526 shares of the mining company’s stock valued at $1,120,000 after buying an additional 72,884 shares in the last quarter. Systematic Financial Management LP increased its position in shares of Cloud Peak Energy by 34.2% in the fourth quarter. Systematic Financial Management LP now owns 750,167 shares of the mining company’s stock valued at $1,560,000 after buying an additional 191,285 shares in the last quarter. Oxford Asset Management increased its position in shares of Cloud Peak Energy by 435.2% in the fourth quarter. Oxford Asset Management now owns 834,756 shares of the mining company’s stock valued at $1,689,000 after buying an additional 678,796 shares in the last quarter. First Trust Advisors LP increased its position in shares of Cloud Peak Energy by 39.8% in the fourth quarter. First Trust Advisors LP now owns 951,943 shares of the mining company’s stock valued at $1,980,000 after buying an additional 271,119 shares in the last quarter. Finally, Russell Frank Co increased its position in shares of Cloud Peak Energy by 38.8% in the fourth quarter. Russell Frank Co now owns 1,353,573 shares of the mining company’s stock valued at $2,761,000 after buying an additional 378,419 shares in the last quarter.

Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River basin (PRB). The Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine, and the Spring Creek Mine. The Company operates through two segments: Owned and Operated Mines segment, and Logistics and Related Activities.

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