CONSOL Energy (NYSE:CEIX) Stock Price Up 6.3%

Shares of CONSOL Energy Inc. (NYSE:CEIX) rose 6.3% during trading on Thursday . The stock traded as high as $7.44 and last traded at $7.21. Approximately 1,203,963 shares traded hands during mid-day trading, an increase of 130% from the average daily volume of 524,203 shares. The stock had previously closed at $6.78.

CEIX has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of CONSOL Energy from a “buy” rating to a “hold” rating in a research note on Friday, November 6th. ValuEngine raised shares of CONSOL Energy from a “sell” rating to a “hold” rating in a research note on Friday, November 6th.

The company has a current ratio of 0.65, a quick ratio of 0.50 and a debt-to-equity ratio of 1.10. The company’s fifty day simple moving average is $6.09 and its 200-day simple moving average is $5.29.

CONSOL Energy (NYSE:CEIX) last issued its earnings results on Thursday, November 5th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.87 by ($2.15). CONSOL Energy had a negative return on equity of 1.58% and a negative net margin of 0.86%. The business had revenue of $243.22 million for the quarter, compared to the consensus estimate of $297.20 million. On average, equities analysts anticipate that CONSOL Energy Inc. will post 1.44 earnings per share for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio raised its position in CONSOL Energy by 18.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 21,477 shares of the company’s stock worth $95,000 after buying an additional 3,326 shares during the last quarter. AQR Capital Management LLC increased its holdings in CONSOL Energy by 11.3% in the 2nd quarter. AQR Capital Management LLC now owns 37,320 shares of the company’s stock worth $189,000 after acquiring an additional 3,803 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in CONSOL Energy by 329.6% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 7,058 shares of the company’s stock worth $31,000 after acquiring an additional 5,415 shares in the last quarter. Royce & Associates LP increased its holdings in CONSOL Energy by 5.4% in the 3rd quarter. Royce & Associates LP now owns 122,790 shares of the company’s stock worth $544,000 after acquiring an additional 6,248 shares in the last quarter. Finally, Point72 Hong Kong Ltd purchased a new stake in CONSOL Energy in the 2nd quarter worth $48,000. 74.00% of the stock is owned by institutional investors.

About CONSOL Energy (NYSE:CEIX)

CONSOL Energy Inc produces and exports bituminous coal. It owns and operates its mining operations in the Northern Appalachian Basin. The company owns and operates the Pennsylvania Mining Complex (PAMC), which comprises the Bailey Mine, the Enlow Fork Mine, the Harvey Mine, and the Central Preparation Plant; and CONSOL Marine Terminal located in the port of Baltimore.

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