Penumbra, Inc. (PEN) Reaches $149.75 52-Week High; Westmoreland Coal Co Has 0.72 Sentiment

May 11, 2018 - By Nellie Frank

Westmoreland Coal Company (NASDAQ:WLB) Logo

Westmoreland Coal Co (WLB) investors sentiment increased to 0.72 in Q4 2017. It’s up 0.11, from 0.61 in 2017Q3. The ratio improved, as 26 institutional investors opened new and increased equity positions, while 36 reduced and sold stakes in Westmoreland Coal Co. The institutional investors in our database reported: 9.24 million shares, down from 11.85 million shares in 2017Q3. Also, the number of institutional investors holding Westmoreland Coal Co in top ten equity positions decreased from 1 to 0 for a decrease of 1. Sold All: 12 Reduced: 24 Increased: 14 New Position: 12.

The stock of Penumbra, Inc. (NYSE:PEN) hit a new 52-week high and has $157.24 target or 5.00% above today’s $149.75 share price. The 8 months bullish chart indicates low risk for the $5.13 billion company. The 1-year high was reported on May, 11 by Barchart.com. If the $157.24 price target is reached, the company will be worth $256.50 million more. The stock decreased 2.95% or $4.55 during the last trading session, reaching $149.75. About 167,037 shares traded. Penumbra, Inc. (NYSE:PEN) has risen 41.68% since May 11, 2017 and is uptrending. It has outperformed by 30.13% the S&P500.

Mangrove Partners holds 0.17% of its portfolio in Westmoreland Coal Company for 1.03 million shares. Gendell Jeffrey L owns 1.31 million shares or 0.11% of their US portfolio. Moreover, Stonehill Capital Management Llc has 0.07% invested in the company for 140,839 shares. The California-based Menta Capital Llc has invested 0.03% in the stock. Bogle Investment Management L P De, a Massachusetts-based fund reported 196,976 shares.

Westmoreland Coal Company, through its subsidiaries, operates as an energy company. The company has market cap of $2.82 million. The firm operates through Coal – U.S., Coal – Canada, Coal – WMLP, and Power divisions. It currently has negative earnings. It produces and sells sub-bituminous coal and lignite to power plants.

The stock decreased 25.00% or $0.05 during the last trading session, reaching $0.15. About 2.63M shares traded or 193.02% up from the average. Westmoreland Coal Company (WLB) has declined 97.28% since May 11, 2017 and is downtrending. It has underperformed by 108.83% the S&P500.

Another recent and important Westmoreland Coal Company (NASDAQ:WLB) news was published by Nasdaq.com which published an article titled: “Investing’s ‘Great Divide’… And How We Take Advantage Of It” on April 25, 2018.

Among 5 analysts covering Penumbra (NYSE:PEN), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Penumbra had 9 analyst reports since October 13, 2015 according to SRatingsIntel. The rating was initiated by Canaccord Genuity on Tuesday, October 13 with “Buy”. On Tuesday, October 13 the stock rating was initiated by Wells Fargo with “Outperform”. The stock has “Buy” rating by Bank of America on Wednesday, October 14. JP Morgan initiated the stock with “Overweight” rating in Tuesday, October 13 report. The rating was downgraded by JP Morgan to “Neutral” on Tuesday, January 2. As per Monday, November 30, the company rating was maintained by Canaccord Genuity. The firm has “Buy” rating given on Thursday, May 11 by BMO Capital Markets. The company was maintained on Wednesday, April 12 by BMO Capital Markets.

Penumbra, Inc. designs, develops, manufactures, and markets medical devices in the United States, Europe, Canada, Australia, Japan, and internationally. The company has market cap of $5.13 billion. The firm offers neurovascular access systems designed to provide intracranial access for use in a range of neurovascular therapies under the Neuron, Neuron MAX, Select, BENCHMARK, DDC, PX SLIM, and Velocity brands; aspiration based thrombectomy systems and accessory devices under the Penumbra System brand; and revascularization device for mechanical thrombectomy under the 3D brand. It has a 1151.92 P/E ratio. It also provides neurovascular embolization coiling systems to treat patients with various sizes of aneurysms and other neurovascular lesions under the Penumbra Coil 400 and Penumbra SMART Coil brands; and neurovascular stents for stent-assisted coiling in large and wide-neck aneurysms under the LIBERTY Stent brand.

More notable recent Penumbra, Inc. (NYSE:PEN) news were published by: Benzinga.com which released: “Benzinga’s Daily Biotech Pulse: FDA Panel Nod For Akcea, Synergy’s Revenue Miss, FDA Warns E-Liquid Makers Again” on May 11, 2018, also Streetinsider.com with their article: “Penumbra, Inc. (PEN) Tops Q1 EPS by 17c, Beats on Revenues; Boosts FY18 Revenue Outlook Above Consensus” published on May 08, 2018, Benzinga.com published: “Benzinga’s Daily Biotech Pulse: ARMO Skyrockets On Eli Lilly Deal, Akcea Meets FDA Panel, vTv Alzheimer’s Trial …” on May 10, 2018. More interesting news about Penumbra, Inc. (NYSE:PEN) were released by: Benzinga.com and their article: “Benzinga’s Daily Biotech Pulse: Transenterix Rises, Mylan Earnings, Deutsche Bank Conference Underway” published on May 09, 2018 as well as Prnewswire.com‘s news article titled: “Penumbra, Inc. Reports First Quarter 2018 Financial Results” with publication date: May 08, 2018.

Penumbra, Inc. (NYSE:PEN) Ratings Chart

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