Insider Selling: ConturaEnergyInc . (CTRA) Director Sells 2,750 Shares of Stock
ConturaEnergyInc . (NASDAQ:CTRA) Director John E. Lushefski sold 2,750 shares of the stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $56.64, for a total transaction of $155,760.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
NASDAQ CTRA traded up $1.23 on Thursday, hitting $57.38. The stock had a trading volume of 1,602 shares, compared to its average volume of 109,339. ConturaEnergyInc . has a 52-week low of $52.30 and a 52-week high of $81.00.
ConturaEnergyInc . (NASDAQ:CTRA) last posted its earnings results on Wednesday, May 15th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $3.60 by ($3.19). The business had revenue of $609.10 million for the quarter, compared to analyst estimates of $554.05 million. The business’s revenue was up 26.3% compared to the same quarter last year.
Several research firms have issued reports on CTRA. Zacks Investment Research upgraded shares of ConturaEnergyInc . from a “hold” rating to a “strong-buy” rating and set a $73.00 target price on the stock in a research note on Friday, January 25th. Seaport Global Securities began coverage on shares of ConturaEnergyInc . in a research note on Friday, May 3rd. They issued a “buy” rating and a $78.00 target price on the stock. Finally, B. Riley lowered their target price on shares of ConturaEnergyInc . from $92.00 to $80.00 and set a “buy” rating on the stock in a research note on Thursday.
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About ConturaEnergyInc .
Contura Energy, Inc extracts, processes, and markets steam and metallurgical coal to electric utilities, steel and coke producers, and industrial customers in the United States and internationally. The company operates in three segments: Central Appalachia Operations, Northern Appalachia Operations, and Trading and Logistics.
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