Westmoreland Coal Company (WLB) Jumps 6.88% on January 28

Equities Staff |

Westmoreland Coal Company (WLB) was among the biggest gainers on the Russell 2000 for Thursday January 28 as the stock popped 6.88% to $5.21, representing a gain of $0.335 per share. Some 253,126 shares traded hands on 1,983 trades, compared with an average daily volume of 485,618 shares out of a total float of 18.06 million. The stock opened at $4.96 and traded with an intraday range of $5.22 to $4.79.

After today's gains, Westmoreland Coal Company reached a market cap of $94.03 million. Westmoreland Coal Company has had a trading range between $30.92 and $3.44 over the last year, and it had a 50-day SMA of $5.35 and a 200-day SMA of $14.97.

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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

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