Why Are Alpha Natural Resources, Inc.(NYSE:ANR), Arch Coal Inc(NYSE:ACI), and ROYAL DUTCH SHELL PL(OTCMKTS:RYDAF) Faring?
New York, NY – GDP INSIDER – 01/15/2015.
This article discusses three companies: Alpha Natural Resources, Inc.(NYSE:ANR), Arch Coal Inc(NYSE:ACI), and ROYAL DUTCH SHELL PL(OTCMKTS:RYDAF)
Alpha Natural Resources, Inc.(NYSE:ANR) hit its new 52-week low of $1.05 during intraday trading following the announcement of the resignation of its president, Paul Vining, from his post for an executive position in another company. As a result of management shift, mining operations executive, Keith Hainer, and chief commercial officer, Brian Sullivan, will take on expanded roles in the company. The stock has a 50-day SMA of -21.37%, 50-day SMA of -37.96% and a 200-day SMA of -61.61%. Alpha Natural Resources, Inc has an insider ownership of 0.20% and institutional ownership of 76.10%.
Arch Coal Inc(NYSE:ACI) plunged 8.15% to $0.11 per share on a heavy volume of 8.18 million during yesterday’s trading. The stock hit a new 52-week low of $1.15 during intraday trading after Citigroup lowered its coal prices’ forecast for 2015 to $113/ton, a 7.4% fall in price from its previous estimate, and 9.35 to $127/ton for 2016. Citigroup also cut down its thermal coal forecast by 18% to $55/ton for 2015 and 15% to $64/ton for 2016. Arch Coal Inc has a market cap of $287.37 million and 212.27 million shares outstanding.
ROYAL DUTCH SHELL PL(OTCMKTS:RYDAF) had a trading volume of 355.359, a figure which is higher than its 30-day average trading volume of 140,803. The stock hit its 52-week low of $30.19 during intraday trading and closed the day at $30.95 after a decline of 1.24% to $0.39 per share. ROYAL DUTCH SHELL PL has a market cap of $122.31 billion and a beta of 1.09, meaning it is 9% more volatile than the market.
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