Contura Energy, Inc. (CTRA) Stock Price Hits Yearly Low Today

The stock of Contura Energy, Inc. (NYSE:CTRA) hit a new 52-week low and has $54.77 target or 3.00 % below today’s $56.46 share price. The 5 months bearish chart indicates high risk for the $1.08 billion company. The 1-year low was reported on Mar, 15 by Barchart.com. If the $54.77 price target is reached, the company will be worth $32.49M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock increased 0.46% or $0.26 during the last trading session, reaching $56.46. About 73,699 shares traded. Contura Energy, Inc. (NYSE:CTRA) has 0.00% since March 15, 2018 and is . It has underperformed by 4.37% the S&P500.

Analysts await Contura Energy, Inc. (NYSE:CTRA) to report earnings on April, 4. They expect $4.30 earnings per share, up 173.89 % or $2.73 from last year’s $1.57 per share. CTRA’s profit will be $82.48 million for 3.28 P/E if the $4.30 EPS becomes a reality. After $1.35 actual earnings per share reported by Contura Energy, Inc. for the previous quarter, Wall Street now forecasts 218.52 % EPS growth.

More notable recent Contura Energy, Inc. (NYSE:CTRA) news were published by: Fortune.com which released: “Term Sheet — Thursday, Aug. 10 – Fortune” on August 10, 2017, also Zacks.com with their article: “SM Energy Provides 2018 Production & Capital Spending Data – Zacks.com” published on February 05, 2019, Zacks.com published: “Accenture (ACN) Surpasses Q1 Earnings and Revenue Estimates – Zacks.com” on December 20, 2018. More interesting news about Contura Energy, Inc. (NYSE:CTRA) were released by: Zacks.com and their article: “Coal Industry Outlook – May 2018 – Zacks.com” published on May 24, 2018 as well as Zacks.com‘s news article titled: “CONTURA ENERGY (CTRA) Q3 Earnings Miss Estimates – Zacks.com” with publication date: December 20, 2018.

Contura Energy, Inc. extracts, processes, and markets steam and metallurgical coal to electric utilities, steel and coke producers, and industrial clients in the United States and internationally. The company has market cap of $1.08 billion. The firm operates in three divisions: Central Appalachia Operations, Northern Appalachia Operations, and Trading and Logistics. It has a 2.45 P/E ratio. It operates underground and surface coal mining complexes in Northern and Central Appalachia.

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