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Walter Energy (NYSE:WLT) was the recipient of some unusual options trading on Monday. Traders purchased 22,402 call options on the stock, reports. This is an increase of 112% compared to the typical daily volume of 10,561 call options.

A number of analysts have recently weighed in on WLT shares. Analysts at Zacks reiterated a “neutral” rating on shares of Walter Energy in a research note on Monday. They now have a $5.75 price target on the stock. Separately, analysts at Macquarie reiterated an “underperform” rating on shares of Walter Energy in a research note on Wednesday, June 4th. They now have a $4.00 price target on the stock, down previously from $5.00. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $10.07.

Walter Energy (NYSE:WLT) traded down 0.73% on Monday, hitting $5.45. The stock had a trading volume of 4,188,175 shares. Walter Energy has a 1-year low of $4.25 and a 1-year high of $19.50. The stock’s 50-day moving average is $5.46 and its 200-day moving average is $9.39. The company’s market cap is $358.7 million.

Walter Energy (NYSE:WLT) last posted its quarterly earnings results on Thursday, May 1st. The company reported ($1.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.22) by $0.28. The company had revenue of $413.90 million for the quarter, compared to the consensus estimate of $447.21 million. During the same quarter in the previous year, the company posted ($0.64) earnings per share. The company’s revenue for the quarter was down 15.8% on a year-over-year basis. Analysts expect that Walter Energy will post $-5.54 EPS for the current fiscal year.

Walter Energy, Inc, is a producer and exporter of metallurgical coals for the global steel industry. The Company also produces thermal coal and industrial coal, anthracite, metallurgical coke, coal bed methane gas (NYSE:WLT) and other related products.

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