Company Shares of Arch Coal, Inc. Drops by -25.47%
27 Jul 2015
Arch Coal, Inc. (NYSE:ACI) has lost 25.47% during the past week and dropped 50.87% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 23.79%. Arch Coal, Inc. (NYSE:ACI) has underperformed the index by 50.36% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
The shares have received a consensus rating of Sell for the current week Arch Coal Inc. has dropped 80.83% during the last 3-month period . Year-to-Date the stock performance stands at -88.9%. The company shares have dropped 93.01% in the past 52 Weeks. On August 19, 2014 The shares registered one year high of $3.35 and one year low was seen on July 24, 2015 at $0.2. The 50-day moving average is $0.36 and the 200 day moving average is recorded at $0.86. S&P 500 has rallied 5.09% during the last 52-weeks.
Arch Coal, Inc. (NYSE:ACI) witnessed a decline in the market cap on Friday as its shares dropped 12.34% or 0.0278 points. After the session commenced at $0.23, the stock reached the higher end at $0.24 while it hit a low of $0.1974. With the volume soaring to 3,517,913 shares, the last trade was called at $0.1975. The company has a 52-week high of $3.35. The company has a market cap of $42 million and there are 212,662,000 shares in outstanding. The 52-week low of the share price is $0.1974.
On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the Officer (Sr. VP – Strategy & Public Pol) of Arch Coal Inc, Slone Deck had sold 8,433 shares worth of $15,854 in a transaction dated December 29, 2014. In this transaction, 8,433 shares were sold at $1.88 per share. Currently the company Insiders own 0.3% of Arch Coal Inc. Company shares. In the past six months, there is a change of 0% in the total insider ownership. Institutional Investors own 53.3% of Company shares. During last 3 month period, -0.64% of total institutional ownership has changed in the company shares.
Arch Coal, Inc. (Arch) is the coal producer. During the year ended December 31, 2012, it sold approximately 140.8 million tons of coal, including approximately 4.3 million tons of coal it purchased from third parties, representing roughly 14% of the 2012 United States coal supply. The Company sells substantially all of its coal to power plants, steel mills and industrial facilities. As of December 31, 2012, it operated, or contracted out the operation of, 32 active mines located in each of the coal-producing regions of the United States. The locations of its mines and access to export facilities enable them to ship coal worldwide. As of December 31, 2012, it operated, or contracted out the operation of, 32 mines in the United States. Its segments are based on the coal producing basins in which the Company operates. In March 2014, the Company sold its Hazard subsidiary to Blackhawk Mining, LLC.