Whitehaven Coal (OTCMKTS:WHITF) Trading Down 0.8% – Should You Sell?

Whitehaven Coal Limited (OTCMKTS:WHITF)’s stock price fell 0.8% during trading on Friday . The stock traded as low as $4.14 and last traded at $4.17. 43,365 shares changed hands during mid-day trading, an increase of 44% from the average session volume of 30,187 shares. The stock had previously closed at $4.20.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Whitehaven Coal from a “hold” rating to a “strong-buy” rating in a report on Sunday, October 27th.

Whitehaven Coal Stock Down 0.8 %

The company’s 50 day simple moving average is $4.45 and its 200 day simple moving average is $4.80.

About Whitehaven Coal

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.