Cloud Peak Energy Inc (NYSE:CLD)’s share price was down 9.3% during mid-day trading on Tuesday . The stock traded as low as $3.01 and last traded at $3.02. Approximately 1,095,338 shares traded hands during trading, an increase of 6% from the average daily volume of 1,032,800 shares. The stock had previously closed at $3.33.

CLD has been the subject of a number of analyst reports. Zacks Investment Research cut Cloud Peak Energy from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Stifel Nicolaus set a $6.00 price target on Cloud Peak Energy and gave the stock a “buy” rating in a report on Friday, August 25th. ValuEngine cut Cloud Peak Energy from a “buy” rating to a “hold” rating in a report on Friday, July 28th. MKM Partners reissued a “neutral” rating and issued a $4.00 price target (down from $6.00) on shares of Cloud Peak Energy in a report on Wednesday, May 10th. Finally, BMO Capital Markets set a $4.00 price target on Cloud Peak Energy and gave the stock a “hold” rating in a report on Tuesday, July 4th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $5.41.

The company’s 50 day moving average price is $3.22 and its 200 day moving average price is $3.72. The firm’s market capitalization is $238.17 million.

Cloud Peak Energy (NYSE:CLD) last posted its earnings results on Thursday, July 27th. The mining company reported ($0.04) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.04). The firm had revenue of $229.20 million for the quarter, compared to the consensus estimate of $236.94 million. Cloud Peak Energy had a negative net margin of 0.47% and a positive return on equity of 0.54%. The business’s quarterly revenue was up 31.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.48 earnings per share. On average, analysts expect that Cloud Peak Energy Inc will post ($0.49) EPS for the current year.

Institutional investors have recently bought and sold shares of the business. Louisiana State Employees Retirement System increased its position in Cloud Peak Energy by 0.3% during the second quarter. Louisiana State Employees Retirement System now owns 30,600 shares of the mining company’s stock worth $108,000 after buying an additional 100 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in Cloud Peak Energy by 78.5% during the first quarter. BNP Paribas Arbitrage SA now owns 24,555 shares of the mining company’s stock worth $112,000 after buying an additional 10,801 shares during the last quarter. KCG Holdings Inc. acquired a new position in Cloud Peak Energy during the first quarter worth $112,000. Hartford Investment Management Co. acquired a new position in Cloud Peak Energy during the second quarter worth $119,000. Finally, AJO LP acquired a new position in Cloud Peak Energy during the second quarter worth $120,000. 81.14% of the stock is currently owned by hedge funds and other institutional investors.

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Cloud Peak Energy Company Profile

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