ConturaEnergyInc . (NASDAQ:CTRA) Director John E. Lushefski sold 2,750 shares of the stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $51.82, for a total value of $142,505.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
NASDAQ:CTRA remained flat at $$52.69 during trading hours on Friday. The company’s stock had a trading volume of 137,518 shares, compared to its average volume of 117,788. ConturaEnergyInc . has a one year low of $51.33 and a one year high of $81.00.
ConturaEnergyInc . (NASDAQ:CTRA) last released its quarterly earnings results on Wednesday, May 15th. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $3.60 by ($3.19). The business had revenue of $609.10 million during the quarter, compared to the consensus estimate of $554.05 million. The business’s revenue was up 26.3% compared to the same quarter last year.
A number of research analysts have commented on CTRA shares. B. Riley decreased their price target on ConturaEnergyInc . from $92.00 to $80.00 and set a “buy” rating on the stock in a research note on Thursday, May 16th. Seaport Global Securities started coverage on ConturaEnergyInc . in a research note on Friday, May 3rd. They set a “buy” rating and a $78.00 price target on the stock. Finally, Zacks Investment Research cut ConturaEnergyInc . from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 11th.
Large investors have recently added to or reduced their stakes in the business. BlueCrest Capital Management Ltd purchased a new position in shares of ConturaEnergyInc . during the first quarter worth about $1,168,000. Morgan Stanley grew its holdings in shares of ConturaEnergyInc . by 0.7% during the first quarter. Morgan Stanley now owns 898,034 shares of the company’s stock worth $52,015,000 after purchasing an additional 6,118 shares during the last quarter. Man Group plc purchased a new position in shares of ConturaEnergyInc . during the first quarter worth about $400,000. SEI Investments Co purchased a new position in shares of ConturaEnergyInc . during the first quarter worth about $104,000. Finally, Goldman Sachs Group Inc. grew its holdings in shares of ConturaEnergyInc . by 1,900.0% during the first quarter. Goldman Sachs Group Inc. now owns 102,879 shares of the company’s stock worth $5,959,000 after purchasing an additional 97,735 shares during the last quarter.
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About ConturaEnergyInc .
Contura Energy, Inc extracts, processes, and markets steam and metallurgical coal to electric utilities, steel and coke producers, and industrial customers in the United States and internationally. The company operates in three segments: Central Appalachia Operations, Northern Appalachia Operations, and Trading and Logistics.
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