Hallador Energy (NASDAQ:HNRG - Get Free Report)'s share price hit a new 52-week high on Wednesday . The company traded as high as $14.79 and last traded at $14.50, with a volume of 798438 shares changing hands. The stock had previously closed at $14.27.
Wall Street Analysts Forecast Growth
HNRG has been the topic of a number of research analyst reports. B. Riley boosted their target price on Hallador Energy from $13.00 to $15.00 and gave the stock a "buy" rating in a research report on Tuesday, April 1st. StockNews.com raised Hallador Energy from a "sell" rating to a "hold" rating in a report on Monday, April 7th.
Check Out Our Latest Report on HNRG
Hallador Energy Trading Down 1.0 %
The stock has a fifty day moving average price of $11.83 and a 200 day moving average price of $11.58. The stock has a market cap of $629.04 million, a PE ratio of -26.65 and a beta of 0.18. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.17 and a current ratio of 0.58.
Hallador Energy (NASDAQ:HNRG - Get Free Report) last released its earnings results on Monday, March 17th. The energy company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.01. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. The firm had revenue of $94.80 million during the quarter, compared to analyst estimates of $102.46 million. Equities analysts expect that Hallador Energy will post -0.31 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Exchange Traded Concepts LLC boosted its position in Hallador Energy by 32.5% in the 1st quarter. Exchange Traded Concepts LLC now owns 13,569 shares of the energy company's stock valued at $167,000 after buying an additional 3,330 shares during the period. Pullen Investment Management LLC bought a new position in Hallador Energy in the first quarter worth approximately $184,000. SummerHaven Investment Management LLC raised its position in Hallador Energy by 1.3% during the 1st quarter. SummerHaven Investment Management LLC now owns 106,750 shares of the energy company's stock valued at $1,311,000 after purchasing an additional 1,340 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of Hallador Energy by 2.5% in the 1st quarter. Rhumbline Advisers now owns 37,607 shares of the energy company's stock worth $462,000 after buying an additional 935 shares during the period. Finally, GAMMA Investing LLC grew its position in shares of Hallador Energy by 1,391.0% during the 1st quarter. GAMMA Investing LLC now owns 6,128 shares of the energy company's stock worth $750,000 after buying an additional 5,717 shares in the last quarter. 61.38% of the stock is currently owned by institutional investors.
About Hallador Energy
(
Get Free Report)
Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.
Featured Articles
Before you consider Hallador Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hallador Energy wasn't on the list.
While Hallador Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
