Patriot Coal (PCX) NewsBite - PCX Downgraded By UBS

Posted: Thursday, September 17, 2009 1:33 PM EDT
By: Market Intelligence Center Staff





Patriot Coal (PCX) was downgraded today by analysts at UBS and the stock is now at $12.20, down $1.31 (-9.7%) on volume of 6,718,544 shares traded. The analysts downgraded PCX to Neutral from Buy. Over the last 52 weeks the stock has ranged from a low of $2.76 to a high of $39.93. Patriot Coal stock has been showing support around $12.54 and resistance in the $14.60 range. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for PCX. If you are looking for a hedged play on PCX the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 15 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For Patriot Coal (PCX):

Patriot Coal (PCX) Trading Near $9.56 Resistance Level

Tuesday, February 07, 2012... Patriot Coal (NYSE:PCX) closed Monday's quiet trading session at $9.21. In the past year, the stock has hit a 52-week low of $6.92 and 52-week high......

http://www.marketintelligencecenter.com/analyfav/1332826

Patriot Coal (PCX) Showing Bearish Technicals With Support At $6.90

Wednesday, January 18, 2012... Patriot Coal (NYSE:PCX) closed Tuesday's winning trading session at $7.37. In the past year, the stock has hit a 52-week low of $6.92 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1328614

Patriot Coal (PCX) Drops 3.4% After Disclosing MSHA Warning

Wednesday, December 07, 2011... Patriot Coal (NYSE: PCX) opened at $10.07. So far today, the stock has hit a low of $9.89 and a high of $10.12. PCX is now trading at $9.98, down......

http://www.marketintelligencecenter.com/newsbites/1320186

Patriot Coal (PCX) Falls 5% after James River (JRCC) Swings to a Loss

Wednesday, November 09, 2011... Patriot Coal (NYSE: PCX) opened at $11.27. So far today, the stock has hit a low of $11.25 and a high of $11.59. PCX is now trading at $11.40, down......

http://www.marketintelligencecenter.com/newsbites/1314156

Patriot Coal (PCX) Hit A 52-Week Low Friday

Monday, October 03, 2011... Patriot Coal (NYSE: PCX) hit a new 52-Week low of $8.45 Friday. The stock closed down $.82 (-8.84%) to $8.46 on 9,221,681 shares traded. Friday's low......

http://www.marketintelligencecenter.com/newsbites/1305245


Hedged Trade Ideas For PCX:

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