Foresight Energy LP (NYSE:FELP) shares rose 13.6% on Monday . The stock traded as high as $0.26 and last traded at $0.25, approximately 559,540 shares were traded during mid-day trading. An increase of 496% from the average daily volume of 93,921 shares. The stock had previously closed at $0.22.
FELP has been the topic of several analyst reports. Zacks Investment Research lowered shares of Foresight Energy from a “buy” rating to a “hold” rating in a report on Tuesday. ValuEngine upgraded shares of Foresight Energy from a “sell” rating to a “hold” rating in a report on Thursday, August 1st.
The company’s fifty day simple moving average is $0.37 and its two-hundred day simple moving average is $0.90. The company has a quick ratio of 0.42, a current ratio of 0.74 and a debt-to-equity ratio of 2.35. The company has a market capitalization of $32.32 million, a price-to-earnings ratio of -0.66 and a beta of 0.43.
About Foresight Energy (NYSE:FELP)
Foresight Energy LP engages in the development, mining, production, marketing, transportation, and sale of thermal coal primarily in the eastern United States and internationally. As of February 27, 2019, the company operated two longwall mining complexes with three longwall mining systems in Williamson and Sugar Camp; one continuous mining operation in Macoupin; and the Sitran river terminal on the Ohio River.
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