Tag: NASDAQ:JRCC

  • Basic Material Unusual Volume: Cabot Oil & Gas Corporation (NYSE:COG), JRCC, Abraxas Petroleum (NASDAQ:AXAS), Yanzhou Coal Mining (NYSE:YZC)

    Cabot Oil & Gas Co. (NYSE:COG) was downgraded by analysts at Stifel Nicolaus from a buy rating to a hold rating. The firm currently has $36.00 target price on the stock, down from their previous target price of $45.00. Cabot Oil & Gas Corporation (NYSE:COG) shares after opening at $33.48 moved to $33.75 on last trade day and at the end of the day closed at $32.50. Company price to sales ratio in past twelve months was calculated as 7.77 and price to cash ratio as 579.57. Cabot Oil & Gas Corporation (NYSE:COG) showed a negative weekly performance of -8.42%.

    James River Coal Company (NASDAQ:JRCC) a mine operator in Logan and Mingo Counties, has filed for Chapter 11 bankruptcy protection as part of its effort to turn around its business. James River Coal Company (NASDAQ:JRCC) shares advanced 23.96% in last trading session and ended the day on $0.285. JRCC return on equity ratio is recorded as -53.80% and its return on assets is -11.70%. James River Coal Company (NASDAQ:JRCC) yearly performance is -84.59%.

    Abraxas Petroleum Corp. (NASDAQ:AXAS) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 36% in the past one-month time frame. Abraxas Petroleum Corp. (NASDAQ:AXAS) shares moved up 3.85% in last trading session and was closed at $4.59 while trading in range of $4.43 -$4.74 – Abraxas Petroleum Corp. (NASDAQ:AXAS) year to date (YTD) performance is 40.80%.

    Yanzhou Coal Mining Co Ltd (ADR) (NYSE:YZC) China’s fourth-largest producer, last month reported 2013 net income fell to 777.4 million yuan ($125 million) from a restated 6.07 billion yuan a year earlier. The company will seek to cut at least 3,000 workers this year, Chairman Li Xiyong said on March 24. Yanzhou Coal Mining Co Ltd (ADR) (NYSE:YZC) weekly performance is 11.14%. On last trading day company shares ended up $8.38. Yanzhou Coal Mining Co Ltd (ADR) (NYSE:YZC) distance from 50-day simple moving average (SMA50) is 13.90%. Analysts mean target price for the company is $5.16.