Whitehaven Coal (OTCMKTS:WHITF) Stock Rating Lowered by The Goldman Sachs Group

Whitehaven Coal (OTCMKTS:WHITF) was downgraded by equities researchers at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.

Whitehaven Coal Price Performance

OTCMKTS WHITF traded up $0.05 during mid-day trading on Tuesday, reaching $2.94. The stock had a trading volume of 66,260 shares, compared to its average volume of 22,630. The company has a fifty day moving average price of $3.52 and a 200 day moving average price of $4.00. Whitehaven Coal has a 1 year low of $2.50 and a 1 year high of $6.16.

Whitehaven Coal Company Profile

Whitehaven Coal Limited develops and operates coal mines in New South Wales and Queensland. It operates through three segments: Open Cut Operations, Underground Operations, and Coal Trading and Blending. The company produces metallurgical and thermal coal. It operates four mines, including three open cut and one underground located in the Gunnedah Coal Basin in New South Wales.