Alpha Natural Stock Falls On Unusually High Volume (ANR)
Alpha Natural Resources (NYSE:ANR) is trading at unusually high volume Thursday with 22.5 million shares changing hands. It is currently at two times its average daily volume and trading down 36 cents (-4.8%).
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Alpha Natural Resources (NYSE: ANR) is trading at unusually high volume Thursday with 22.5 million shares changing hands. It is currently at two times its average daily volume and trading down 36 cents (-4.8%) at $7.11 as of 2:56 p.m. ET.
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Alpha Natural has a market cap of $1.64 billion and is part of the basic materials sector and metals & mining industry. Shares are down 23.3% year to date as of the close of trading on Wednesday. Alpha Natural Resources, Inc., together with its subsidiaries, engages in extracting, processing, and marketing steam and metallurgical coal in Virginia, West Virginia, Kentucky, Pennsylvania, and Wyoming. TheStreet Ratings rates Alpha Natural as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. You can view the full Alpha Natural Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.