Natural Resource Hits New 52-Week Low at $15.45 (NRP)
Shares of Natural Resource (NYSE:NRP) hit a new 52-week low during mid-day trading on Monday, Analyst Ratings Network reports. The stock traded as low as $15.45 and last traded at $15.51, with a volume of 279,486 shares trading hands. The stock had previously closed at $15.72.
A number of research firms have recently commented on NRP. Analysts at TheStreet downgraded shares of Natural Resource from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, January 22nd. Separately, analysts at Hilliard Lyons downgraded shares of Natural Resource to an “underperform” rating in a research note to investors on Friday, January 10th. Finally, analysts at Stifel Nicolaus downgraded shares of Natural Resource from a “buy” rating to a “hold” rating in a research note to investors on Friday, January 10th.
Natural Resource has a 52 week low of $15.60 and a 52 week high of $24.37. The stock’s 50-day moving average is $18.77 and its 200-day moving average is $19.80. The company has a market cap of $1.700 billion and a P/E ratio of 9.41.
Natural Resource (NYSE:NRP) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.04. The company had revenue of $82.20 million for the quarter, compared to the consensus estimate of $85.45 million. During the same quarter last year, the company posted $0.48 earnings per share. Natural Resource’s revenue was down 12.7% compared to the same quarter last year. Analysts expect that Natural Resource will post $1.45 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, January 31st. Investors of record on Tuesday, January 21st will be given a dividend of 0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 9.04%. The ex-dividend date of this dividend is Thursday, January 16th.
Natural Resource Partners L.P. is a limited partnership engaged principally in the business of owning and managing coal properties in the three coal-producing regions of the United States: Appalachia, the Illinois Basin and the Western United States.
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