Insider Buying: ConturaEnergyInc . (NASDAQ:CTRA) CEO Acquires 2,500 Shares of Stock

ConturaEnergyInc . (NASDAQ:CTRA) CEO David J. Stetson bought 2,500 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were bought at an average cost of $6.67 per share, for a total transaction of $16,675.00.

CTRA opened at $6.05 on Tuesday. The company’s fifty day moving average price is $17.21 and its two-hundred day moving average price is $34.20. ConturaEnergyInc . has a 1-year low of $6.03 and a 1-year high of $69.29.

ConturaEnergyInc . (NASDAQ:CTRA) last released its quarterly earnings data on Thursday, November 14th. The company reported ($2.29) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by ($2.77). The business had revenue of $525.86 million for the quarter, compared to analysts’ expectations of $586.30 million. During the same quarter last year, the firm posted $1.35 EPS. The company’s revenue was up 17.4% on a year-over-year basis.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC acquired a new position in ConturaEnergyInc . during the second quarter worth $54,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in ConturaEnergyInc . during the second quarter worth $65,000. BNP Paribas Arbitrage SA acquired a new position in ConturaEnergyInc . during the second quarter worth $70,000. Bank of Montreal Can acquired a new position in ConturaEnergyInc . during the second quarter worth $82,000. Finally, Meeder Asset Management Inc. acquired a new position in ConturaEnergyInc . during the third quarter worth $103,000.

Several research analysts recently issued reports on CTRA shares. Zacks Investment Research raised shares of ConturaEnergyInc . from a “sell” rating to a “hold” rating in a research note on Friday, November 8th. B. Riley reissued a “buy” rating and set a $25.00 target price on shares of ConturaEnergyInc . in a research note on Friday, November 15th.

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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Insider Buying and Selling by Quarter for ConturaEnergyInc   . (NASDAQ:CTRA)

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