The surge in insider selling at Cloud Peak Energy Inc. (NYSE:CLD) is picking up steam with the 12-month sell/buy ratio now at 8 to 1. CLD corporate insiders offloaded 282,112 shares over a year when buyers snapped up no shares in the same time frame.
Bailey Keith E gathered a total of 10.7 thousand shares of Cloud Peak Energy Inc. (CLD) at average share price of $9.33. This insider trade in the company took place on 12/11/2014. The total for the purchase was set at $99.83 thousand. After this transaction, the Director account balance stood at 70.71 thousand shares. The stock lost -96.36 percent since that insider purchase. On 11/24/2014, Condon Patrick J., Director, purchased 0.81 thousand shares at a price per share of $12.39. This added 9.97 thousand shares to the insider’s fortune and the stock saw a -97.26 percent retreat in value since the news became public. This transaction left 16.63 thousand shares in the Director account.
On 11/21/2014, Director Bailey Keith E performed a purchase transaction worth $254 thousand. This purchase at $12.7 each has added 20 thousand shares into the insider’s portfolio position. Meanwhile, shares have recorded -97.32 percent decrease since the transaction was reported. The insider now is left with 60.01 thousand shares remaining in the account. Rio Tinto Plc, who performs the Director, 10% Owner job, sold 29.4 million shares for $573.3 million. The disposal occurred on 12/21/2010 was priced at $19.5 per share. The share price plunged -98.26 percent since the reporting date. Rio Tinto Plc now left with a stake of 0 thousand CLD stock worth $0 thousand after the insider selling.
The 12-month median price target for Cloud Peak Energy Inc. (CLD) assigned by the analysts stands at $0.9, which represents a return potential of 164.71 percent when compared to the closing price of the stock of $0.34 on Friday, January 11. The lowest price target for the stock is $0.63 — slightly more than 85.29 percent from CLD’s current share price. The stock will probably climb 238.24 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $2.25-month high price target. This represents a whopping 561.76 percent increase from where shares are trading today.
On momentum oscillators front, ‘RSI’ has touched 27.1 on daily chart, which may remain a cause for comfort. If the price breaks below $0.29 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $0.36 mark may result into a pull-back move towards $0.37 level. The stock is currently hovering around the first support level of $0.32. Below this, the next support is placed in the zone of $0.29. Till the time, the CLD stock trades above this level, bulls have nothing to fear.
Shares of Cloud Peak Energy Inc. (CLD) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry CLD operates in has an average P/E of 8.09. Its P/E ratio went as low as 7.13X and as high as 21.18 over the 5-year span. Further, it is sporting a 0.03 on the Price-to-Sales ratio. Compare this with the industry average P/S of 1.31. 9.9 percent is the gross profit margin for Cloud Peak Energy Inc. and operating margin sits at -2.6 percent. Along with this, the net profit margin is -0.8 percent.
On 11th of January, Cloud Peak Energy Inc. (NYSE:CLD) shares ended lower after a volatile session. The shares dropped 0 points or -2.3 percent at $0.34 with a heavy trade volume of 5.864 million shares. After opening the session at $0.3433, the shares went as high as $0.35 and as low as $0.3129, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $26.11 million and now has 77.68 million shares outstanding. Cloud Peak Energy Inc. (CLD) stock has lost -52.69 percent of market value in 21 trading days.
CLD stock has a trailing 3-year beta of 2.62, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was -$0.1 a share in the trailing twelve months. The stock’s value has fallen -8.24 percent year to date (YTD) against a decline of -93.49 percent in 12 month’s time. The company’s shares still trade -94.1 percent away from its 1-year high of $5.70 and 31.8 percent up from 52-week low of $0.25. The average consensus rating on the company is 3.3, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a hold.