Somewhat Positive Media Coverage Somewhat Unlikely to Impact Westmoreland Coal (WLB) Stock Price

Media coverage about Westmoreland Coal (NASDAQ:WLB) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Westmoreland Coal earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the coal producer an impact score of 46.7606932498267 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of Westmoreland Coal (NASDAQ:WLB) traded down $0.13 during midday trading on Tuesday, reaching $1.75. 127,700 shares of the company traded hands, compared to its average volume of 305,242. The company has a debt-to-equity ratio of -1.32, a quick ratio of 0.71 and a current ratio of 1.04. Westmoreland Coal has a 1-year low of $1.64 and a 1-year high of $19.92.

Several research analysts recently issued reports on WLB shares. B. Riley reiterated a “buy” rating on shares of Westmoreland Coal in a research report on Monday, November 6th. BMO Capital Markets downgraded shares of Westmoreland Coal from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $18.00 to $5.00 in a research report on Thursday, August 3rd. Zacks Investment Research downgraded shares of Westmoreland Coal from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 24th. Finally, FBR & Co reiterated a “buy” rating and set a $7.00 price target on shares of Westmoreland Coal in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $6.00.

COPYRIGHT VIOLATION NOTICE: This report was posted by Week Herald and is the property of of Week Herald. If you are reading this report on another publication, it was illegally stolen and republished in violation of US and international trademark & copyright law. The original version of this report can be accessed at https://weekherald.com/2017/11/14/somewhat-positive-media-coverage-somewhat-unlikely-to-impact-westmoreland-coal-wlb-stock-price.html.

Westmoreland Coal Company Profile

Westmoreland Coal Company is an energy company. The Company operates through six segments: Coal-U.S., Coal-Canada, Coal-(WMLP), Power, Heritage and Corporate. The Coal-U.S. segment includes the operations of coal mines located in Montana, North Dakota, Ohio, Texas and New Mexico. The Coal-Canada segment includes the operations of coal mines located in Alberta and Saskatchewan.

Insider Buying and Selling by Quarter for Westmoreland Coal (NASDAQ:WLB)

Receive News & Ratings for Westmoreland Coal Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westmoreland Coal Company and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply