Cloud Peak Energy Inc. (NYSE:CLD) shares were up 3.8% on Friday . The stock traded as high as $2.70 and last traded at $2.70, with a volume of 589,303 shares traded. The stock had previously closed at $2.60.

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

The company’s market cap is $161.33 million. The stock’s 50 day moving average price is $2.13 and its 200 day moving average price is $1.92.

Cloud Peak Energy (NYSE:CLD) last issued its quarterly earnings results on Thursday, April 28th. The mining company reported ($0.53) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.15) by $0.38. The business had revenue of $181.25 million for the quarter, compared to analyst estimates of $207.08 million. During the same quarter last year, the firm earned ($0.05) EPS. The company’s quarterly revenue was down 42.9% compared to the same quarter last year. Analysts predict that Cloud Peak Energy Inc. will post ($0.91) earnings per share for the current year.

A number of hedge funds and institutional investors recently modified their holdings of CLD. Morgan Stanley raised 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 worth $1,120,000 after buying an additional 72,884 shares during the last quarter. Systematic Financial Management LP raised 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 worth $1,560,000 after buying an additional 191,285 shares during the last quarter. Oxford Asset Management increased its stake in 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 during the period. First Trust Advisors LP increased its stake in 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 during the period. Finally, Russell Frank Co increased its stake in 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 during the period.

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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