user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 462670 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Watch for Continued Losses in Shares of Walter Energy (WLT)

Published on Tue, 03/19/2013 - 14:23
By Mallory Stone

Walter Energy (NYSE:WLT) traded today at a new 52-week low of $27.88. Approximately 2.9 million shares have changed hands today, as compared to an average 30-day volume of 2.9 million shares.

Walter Energy (NYSE:WLT) has potential upside of 43.0% based on a current price of $28.02 and analysts' consensus price target of $40.07. The stock should run into initial resistance at its 50-day moving average (MA) of $35.33 and subsequent resistance at its 200-day MA of $36.38.

Walter Energy share prices have moved between a 52-week high of $69.41 and the current low of $27.88 and are currently at $28.02 per share. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 1.2%.

Walter Energy, Inc. mines coal. The Company produces metallurgical and steam and industrial coal,, manufactures blast furnace, foundry, industrial and buckwheat coke, and produces light oil, coal tar, and ammonium sulfate. Walter Energy also degasifies coalbeds and sells the gas to a utility.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Toronto-Dominion Bank: The Winning Strea...

Shares of Toronto-Dominion Bank (NYSE:TD) traded at a new 52-week high today of $53.49. ...

TravelCenters of America Looks to Contin...

Shares of TravelCenters of America (AMEX:TA) traded at a new 52-week high today of $11. ...

Shares of Sempra Energy Rise Above Previ...

Sempra Energy (NYSE:SRE) traded today at a new 52-week high of $105.32. This new high ...

Shares of Signet Jewelers Rise to a New ...

Signet Jewelers (NYSE:SIG) traded today at a new 52-week high of $117.42. Approximatel ...

Watch for Continued Gains in Shares of S...

Sherwin-Williams (NYSE:SHW) traded at a new 52-week high today of $218.79. This new hi ...

Watch for Continued Gains in Shares of S...

Shares of Service International (NYSE:SCI) traded today at $22.17, breaking its 52-week ...

Dr Reddys Laboratories: The Winning Stre...

Dr Reddys Laboratories (NYSE:RDY) traded at a new 52-week high today of $48.93. Approx ...

QEP Resources Looks to Continue to Trade...

QEP Resources (NYSE:QEP) traded today at a new 52-week high of $35.47. Approximately 5 ...