Alpha Natural Resources, Inc.(NYSE:ANR) Placed On Hold


Dallas, Texas 02/27/2014 (FINANCIALSTRENDS) – Alpha Natural Resources, Inc.(NYSE:ANR) which has a market cap of $1.18 billion is known to hold an infra-day trading high of $5.45, while the low is at $5.12. The 52-week high for this miner is $9.05 and the low is $4.78. The stock for this stock is found to open to $5.16. The number of outstanding shares it holds is 220.60 million and it also has an EPS of -5.04. Meanwhile Beta is 1.82, while the Inst. is 845.  The share volume trading for this company has been 11.49 million, whereas the average has been 11.92 million.

Alpha Natural Resources, Inc.(NYSE:ANR) is a known player  in the energy market. As a utilities industry resource supplier, ANR is known to operate in both the thermal as well as the met coal market segments. The company has always assumed logistical advantages with most of the mines located near the ports. The company is also expecting to benefit from the market trends across the globe. Analysts continue to place this large and mega cap players on hold.

The latest financial results are an indicator of theAlpha Natural Resources, Inc.(NYSE:ANR) growth later this year. ANR has since showed a per share loss of $0.52 for the fourth quarter. The company has beat consensus estimates, leading to loss per share in the region of $0.61. The company has also reported that the annual revenue will be at $1.09 billion in the fourth quarter. It is also expecting to see $1.56 billion fall in the fourth quarter. This is down by $1.56 billion in the fourth quarter.

ANR manages to remain on course

Alpha Natural Resources, Inc.(NYSE:ANR)  has managed to sustain itself in the tough coal market  spectrum of this year. Since most of the companies are in various stages of adopting cost control to support the profit margins.

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