Alliance Holdings GP, L.P. AHGP saw a big move last session, as the company’s shares fell nearly 11% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for AHGP, as the stock is now down nearly 25% in the past one-month time frame.
The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
AHGP currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
A better-ranked stock from the same sector is China Shenhua Energy Co. Ltd. CSUAY, which currently carries a Zacks Rank #2 (Buy).
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