Westmoreland Coal Company (WLB) Drops 9.37% on January 19

Equities Staff |

Westmoreland Coal Company (WLB) was one of the Russell 2000's biggest losers for Tuesday January 19 as the stock slid 9.37% to $3.89, a loss of $-0.402 per share. Starting at an opening price of $4.31 a share, the stock traded between $3.80 and $4.39 over the course of the trading day. Volume was 444,575 shares over 2,498 trades, against an average daily volume of 473,322 shares and a total float of 18.06 million.

The losses send Westmoreland Coal Company down to a market cap of $70.24 million. In the last year, Westmoreland Coal Company has traded between $32.25 and $4.00, and its 50-day SMA is currently $5.73 and 200-day SMA is $15.79.

Westmoreland Coal Co is an energy company. The Company's main activities are the production and sale of coal from its mines in Montana, Wyoming, North Dakota and Texas; and the ownership of power plants in North Carolina.

Westmoreland Coal Company is based out of Englewood, CO and has some 3,440 employees. Its CEO is Kevin A. Paprzycki.

For a complete fundamental analysis analysis of Westmoreland Coal Company, check out Equities.com’s Stock Valuation Analysis report for WLB. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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