Shares of Cloud Peak Energy Inc. (NYSE:CLD) hit a new 52-week low on Friday . The company traded as low as $0.22 and last traded at $0.23, with a volume of 34936219 shares changing hands. The stock had previously closed at $0.48.

CLD has been the subject of a number of research reports. Zacks Investment Research lowered shares of Cloud Peak Energy from a “buy” rating to a “hold” rating in a report on Tuesday, February 12th. BMO Capital Markets set a $4.00 target price on shares of Cloud Peak Energy and gave the stock a “hold” rating in a report on Thursday, December 20th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $2.25.

The company has a current ratio of 2.02, a quick ratio of 1.52 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $17.09 million, a P/E ratio of -0.52 and a beta of 2.66.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Two Sigma Advisers LP acquired a new stake in Cloud Peak Energy during the 4th quarter worth $41,000. Assenagon Asset Management S.A. acquired a new stake in Cloud Peak Energy during the 4th quarter worth $53,000. Rhumbline Advisers grew its holdings in Cloud Peak Energy by 18.9% during the 4th quarter. Rhumbline Advisers now owns 220,124 shares of the mining company’s stock worth $81,000 after acquiring an additional 34,938 shares during the period. Acadian Asset Management LLC grew its holdings in Cloud Peak Energy by 115.7% during the 4th quarter. Acadian Asset Management LLC now owns 359,133 shares of the mining company’s stock worth $131,000 after acquiring an additional 192,665 shares during the period. Finally, Two Sigma Investments LP acquired a new stake in Cloud Peak Energy during the 4th quarter worth $151,000. 77.91% of the stock is owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: This piece was reported by Marea Informative and is the property of of Marea Informative. If you are accessing this piece on another site, it was copied illegally and republished in violation of United States and international copyright and trademark law. The original version of this piece can be accessed at https://www.mareainformativa.com/news/2019/03/17/cloud-peak-energy-cld-reaches-new-1-year-low-at-0-22.html.

About Cloud Peak Energy (NYSE:CLD)

Cloud Peak Energy Inc produces coal in the Powder River Basin and the United States. The company operates through Owned and Operated Mines, and Logistics and Related Activities. It owns and operates three surface coal mines comprising the Antelope Mine and the Cordero Rojo Mine located in Wyoming; and the Spring Creek Mine located in Montana.

See Also: What impact do institutional investors have on markets?

Receive News & Ratings for Cloud Peak Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cloud Peak Energy and related companies with MarketBeat.com's FREE daily email newsletter.