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|Ex-Div Reminder for Walter Energy (WLT)
Tuesday, August 5, 10:07 AM ET, by Market News Video Staff
On 8/7/14, Walter Energy, Inc. (WLT) will trade ex-dividend, for its quarterly dividend of $0.01, ...
Top Buys by Directors: Carpenter's $174.4K Bet on CNX
Wednesday, August 13, 3:04 PM ET, by Market News Video Staff
The directors of a company tend to have a unique inside view into the business, ...
Shares of UEC Now Oversold
Friday, August 29, 11:36 AM ET, by Market News Video Staff
In trading on Friday, shares of Uranium Energy Corp (UEC) entered into oversold territory, changing ...
Walter Energy Stock Getting Very Oversold
Monday, September 8, 12:01 PM ET, by Market News Video Staff
In trading on Monday, shares of Walter Energy, Inc. (WLT) entered into oversold territory, changing ...
Peabody Energy Shares Cross Below Book Value
Tuesday, September 9, 4:46 PM ET, by Market News Video Staff
In trading on Tuesday, shares of Peabody Energy Corp (BTU) crossed below their last reported ...
WLT Stock Crowded With Sellers
By Metals Channel Staff, Wednesday, December 14, 11:37 AM ET
In trading on Wednesday, shares of Walter Energy, Inc. (NYSE:WLT) entered into oversold territory, changing hands as low as $59.15 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In the case of Walter Energy, Inc., the RSI reading has hit 28.5 — by comparison, the universe of metals and mining stocks covered by Metals Channel currently has an average RSI of 37.6, the RSI of Spot Gold is at 26.5, and the RSI of Spot Silver is presently 29.3.
A bullish investor could look at WLT's 28.5 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
Looking at a chart of one year performance (below), WLT's low point in its 52 week range is $53.41 per share, with $143.76 as the 52 week high point — that compares with a last trade of $59.20. Walter Energy, Inc. shares are currently trading off about 2.7% on the day.
According to the ETF Finder at ETF Channel, WLT makes up 3.90% of the Coal ETF (AMEX:KOL) which is trading lower by about 2.9% on the day Wednesday.
See what other ETFs contain WLT »
See what other stocks are held by KOL »
WLT operates in the Metals & Mining sector, among companies like Uranium Energy Corp (AMEX:UEC) which is down about 1.3% today, and James River Coal Co (JRCC) trading lower by about 4.6%. Below is a three month price history chart comparing the stock performance of WLT, versus UEC and JRCC.
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