Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Westmoreland Coal (WLB) Stock Price

Media headlines about Westmoreland Coal (NASDAQ:WLB) have trended somewhat positive on Wednesday, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Westmoreland Coal earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave press coverage about the coal producer an impact score of 45.6853785900783 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

A number of equities research analysts have recently weighed in on the stock. ValuEngine upgraded shares of Westmoreland Coal from a “strong sell” rating to a “sell” rating in a report on Monday, April 23rd. Zacks Investment Research upgraded shares of Westmoreland Coal from a “sell” rating to a “hold” rating in a report on Wednesday, March 14th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $6.00.

Shares of WLB opened at $0.15 on Wednesday. The company has a market capitalization of $2.82 million, a PE ratio of -0.04 and a beta of 1.00. The company has a debt-to-equity ratio of -0.09, a current ratio of 0.27 and a quick ratio of 0.19. Westmoreland Coal has a fifty-two week low of $0.15 and a fifty-two week high of $11.98.

Westmoreland Coal (NASDAQ:WLB) last announced its quarterly earnings data on Monday, April 2nd. The coal producer reported $1.87 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.98 by $0.89. The business had revenue of $363.80 million during the quarter, compared to the consensus estimate of $302.30 million.

Westmoreland Coal Company Profile

Westmoreland Coal Company, through its subsidiaries, operates as an energy company. The company operates through Coal – U.S., Coal – Canada, Coal – WMLP, and Power segments. It produces and sells sub-bituminous coal and lignite to power plants. The company owns and operates coal mines in Montana, North Dakota, Ohio, and Texas, the United States; and Alberta and Saskatchewan, Canada.

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

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