Alpha Natural Resources Inc. (NYSE:ANR) was downgraded to Sell from Neutral and the price target was cut to $3 from $5. Alpha Natural Resources, Inc. (NYSE:ANR) shares after opening at $4.70 moved to $4.78 on last trade day and at the end of the day closed at $4.57. Company price to sales ratio in past twelve months was calculated as 0.20 and price to cash ratio as 1.06. Alpha Natural Resources, Inc. (NYSE:ANR) showed a positive weekly performance of 5.30%.
Ashford Hospitality Trust, Inc. (NYSE:AHT) said Wednesday that it has priced its follow-on public offering of 7.5 million shares of common stock at $10.70 per share. Ashford Hospitality Trust, Inc. (NYSE:AHT) shares fell -5.54% in last trading session and ended the day on $10.58. AHT return on equity ratio is recorded as -12.60% and its return on assets is -2.90%. Ashford Hospitality Trust, Inc. (NYSE:AHT) yearly performance is 30.94%.
UBS downgraded Walter Energy Inc. (NYSE:WLT) to Sell from Neutral and lowered its price target to $5 from $8 based on lower met coal price forecasts for the sector due to oversupply issues and the latest Q2 benchmark settlement that was lower than expected. The firm expects balance sheets to be stressed and cash burn to accelerate which could result in a 2016 liquidity crisis. Walter Energy, Inc. (NYSE:WLT) shares moved down -6.23% in last trading session and was closed at $7.83, while trading in range of $7.69 – $8.26. Walter Energy, Inc. (NYSE:WLT) year to date (YTD) performance is -52.86%.
Independent oil & gas company, Quicksilver Resources Inc. (NYSE:KWK), announced that it plans to redeem all its current outstanding Senior Notes due in 2015 and 2016. Redemption related payment is expected to be done by April 28, 2014. Quicksilver Resources Inc. (NYSE:KWK) weekly performance is -2.47%. On last trading day company shares ended up $2.76. Quicksilver Resources Inc. (NYSE:KWK) distance from 50-day simple moving average (SMA50) is -7.88%. Analysts mean target price for the company is $3.73.