Before Buying Peabody Energy Corp (NYSE: BTU) Stock, Read This First

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Peabody Energy Corp (NYSE:BTU) shares, rose in value, with the stock price down by -1.89% to the previous day’s close as strong demand from buyers drove the stock to $12.48.

Actively observing the price movement in the recent trading, the stock is buoying the session at $12.72. The PE ratio was 4.64 over 12-month period. Referring to stock’s 52-week performance, its high was $29.94, and the low was $12.28. On the whole, BTU has fluctuated by -31.47% over the past month.

With the market capitalization of Peabody Energy Corp currently standing at about $1.52 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.30, with its dividend yield at 2.40%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.05B, with a low estimate of 961.7M and a high estimate of 991M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 976.57M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BTU’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the price of BTU currently trading nearly -16.68% and -28.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 23.47, while the 7-day volatility ratio is showing 6.77% which for the 30-day chart, stands at 5.62%. Furthermore, Peabody Energy Corp (BTU)’s beta value is 0.53, and its average true range (ATR) is 0.80.

A comparison of Peabody Energy Corp (BTU) with its peers suggests the former has fared considerably weaker in the market. BTU showed an intraday change of -1.89% in today’s session so far, and over the past year, it shrunk by -50.67%%.

Data on historical trading for Peabody Energy Corp (NYSE:BTU) indicates that the trading volumes over the past 3 months, they’ve averaged 3.28 million. According to company’s latest data on outstanding shares, there are 121.40 million shares outstanding.

Nearly 0.77% of Peabody Energy Corp’s shares belong to company insiders and institutional investors own 92.51% of the company’s shares. The stock has fallen by -40.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BTU stock heading into the next quarter.

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