Arch Resources (NYSE:ARCH - Get Free Report) is set to release its earnings data before the market opens on Tuesday, November 5th. Analysts expect Arch Resources to post earnings of $1.38 per share for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.
Arch Resources Trading Up 0.7 %
Shares of NYSE ARCH traded up $1.05 during midday trading on Tuesday, reaching $145.64. 179,741 shares of the stock were exchanged, compared to its average volume of 399,318. The company has a 50 day simple moving average of $133.60 and a 200 day simple moving average of $147.85. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.77 and a current ratio of 2.54. The stock has a market capitalization of $2.64 billion, a P/E ratio of 8.57 and a beta of 0.60. Arch Resources has a twelve month low of $116.44 and a twelve month high of $187.60.
Analyst Ratings Changes
A number of analysts have issued reports on the company. Benchmark reaffirmed a "buy" rating and set a $180.00 price target on shares of Arch Resources in a report on Friday, July 26th. B. Riley reduced their price objective on shares of Arch Resources from $198.00 to $188.00 and set a "buy" rating for the company in a research report on Friday, September 6th. Finally, StockNews.com assumed coverage on shares of Arch Resources in a research report on Saturday. They issued a "hold" rating on the stock. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Arch Resources presently has a consensus rating of "Hold" and a consensus target price of $175.75.
Check Out Our Latest Research Report on ARCH
Insider Activity at Arch Resources
In other Arch Resources news, VP Deck Slone sold 253 shares of the stock in a transaction that occurred on Monday, October 14th. The stock was sold at an average price of $144.75, for a total transaction of $36,621.75. Following the completion of the sale, the vice president now directly owns 29,120 shares of the company's stock, valued at approximately $4,215,120. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.40% of the stock is currently owned by insiders.
About Arch Resources
(
Get Free Report)
Arch Resources, Inc engages in the production and sale of metallurgical products. It operates in two segments, Metallurgical and Thermal. The company operates active mines. It owned or controlled primarily through long-term leases of coal land in Ohio, Maryland, Virginia, West Virginia, Wyoming, Kentucky, Montana, Pennsylvania, Colorado, and Illinois; and smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas.
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