JRCC – James River Coal Company stock watch for near future
StockSalad observes a down trend on James River Coal Company (NASDAQ:JRCC) stock in near future but it can turn into a hard buy opportunity if stock price goes below $13 and a soft buy below $14 a stock.
JRCC stock is currently under performing comparative to overall Coal Industry, Energy Sector and S&P 500 for the last one year.
Also looking at the earnings reported by JRCC, it missed consensus 5 times out of last 7 entries and last quarter earnings (i.e 0.36) were in line with consensus. Earning reported so far for fiscal 2009 are positive but decreasing quarter over quarter. Next earnings report is expected tentatively on 22nd Feb 2010.
This stock currently trading at $15.65 down by 5.09% from previous day.
“Buy low and Sell high, that’s the bottom line”
Walter Energy, Inc (NYSE:WLT) can be a better option to go for below the current level of $64.92, it has annual dividend yield of 0.62%.
Based on the earnings reported by WLT, it has beaten the consensus 5 times out of last 7 entries and last (3rd Q 2009) quarter earnings per share were 0.44. WLT has been coming out with positive earnings for the last seven quarters. Next earnings reports is expected tentatively on 3rd Feb 2010.
This stock currently trading at $64.92 down by 5.90% from previous day.