According to Zacks, “CONSOL Coal Resources LP manages and develops active thermal coal operations. The company engages in underground mines and related infrastructure that produce high- BTU bituminuous thermal coal. It primarily sells its coal to electric utilities in the United States. CONSOL Coal Resources LP, formerly known as CNX Coal Resrcs, is based in Canonsburg, Pennsylvania. “
CONSOL Coal Resources stock opened at $16.25 on Tuesday. The company has a 50 day moving average price of $16.03. CONSOL Coal Resources has a 1-year low of $14.58 and a 1-year high of $21.13. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.46 and a current ratio of 0.63. The stock has a market cap of $448.99 million, a PE ratio of 6.86 and a beta of 0.97.
In related news, Director Consol Energy Inc. acquired 6,884 shares of the stock in a transaction that occurred on Friday, May 10th. The stock was purchased at an average price of $17.32 per share, with a total value of $119,230.88. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Several large investors have recently bought and sold shares of the stock. Barclays PLC purchased a new position in shares of CONSOL Coal Resources during the 4th quarter worth approximately $34,000. Deutsche Bank AG boosted its position in shares of CONSOL Coal Resources by 10.7% during the 4th quarter. Deutsche Bank AG now owns 55,907 shares of the energy company’s stock worth $917,000 after purchasing an additional 5,407 shares during the period. Macquarie Group Ltd. purchased a new position in shares of CONSOL Coal Resources during the 4th quarter worth approximately $116,000. Acadian Asset Management LLC purchased a new position in shares of CONSOL Coal Resources during the 4th quarter worth approximately $176,000. Finally, Geode Capital Management LLC purchased a new position in shares of CONSOL Coal Resources during the 4th quarter worth approximately $611,000. 22.18% of the stock is owned by hedge funds and other institutional investors.
About CONSOL Coal Resources
CONSOL Coal Resources LP produces and sells high-Btu thermal coal in the Northern Appalachian Basin and the eastern United States. It owns a 25% undivided interest in the Pennsylvania mining complex, which consists of three underground mines and related infrastructure that produce high-Btu bituminous thermal coal located primarily in southwestern Pennsylvania.
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