Shares of Peabody Energy Corporation (NYSE:BTU) traded today at $19.83, eclipsing its 52-week high. So far today approximately 1.3 million shares have been exchanged, as compared to an average 30-day volume of 6.2 million shares.
Peabody Energy mines and sells coal through approximately 21 coal mines in the United States and Australia. Peabody also markets and brokers coal, both as principal and agent, and trades coal and freight-related contracts through offices in China, Australia, the United Kingdom, and the U.S. The company operates in the following segment: Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining and Corporate and Other.
Peabody Energy Corporation share prices have moved between a 52-week high of $19.83 and a 52-week low of $0.80 and are now trading 2,358% above that low price at $19.66 per share.
Potential upside of 483.1% exists for Peabody Energy Corporation, based on a current level of $19.66 and analysts’ average consensus price target of $114.66.
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