Hallador Energy (NASDAQ:HNRG) Hits New 52-Week High - What's Next?

Hallador Energy (NASDAQ:HNRG - Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as $15.27 and last traded at $14.47, with a volume of 1812 shares. The stock had previously closed at $14.66.

Wall Street Analyst Weigh In

HNRG has been the topic of several recent research reports. StockNews.com lowered shares of Hallador Energy from a "hold" rating to a "sell" rating in a report on Monday. B. Riley lifted their price objective on Hallador Energy from $13.00 to $15.00 and gave the stock a "buy" rating in a report on Tuesday, April 1st.

Hallador Energy Stock Up 1.1 %

The stock's fifty day moving average is $12.43 and its 200 day moving average is $11.78. The company has a market capitalization of $650.36 million, a P/E ratio of -27.51 and a beta of 0.42. The company has a current ratio of 0.58, a quick ratio of 0.17 and a debt-to-equity ratio of 0.16.

Hallador Energy (NASDAQ:HNRG - Get Free Report) last announced its earnings results on Monday, March 17th. The energy company reported ($0.02) EPS for the quarter, beating analysts' consensus estimates of ($0.03) by $0.01. The company had revenue of $94.80 million during the quarter, compared to the consensus estimate of $102.46 million. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%. Research analysts predict that Hallador Energy will post -0.31 EPS for the current fiscal year.

Institutional Investors Weigh In On Hallador Energy

Hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its position in Hallador Energy by 10.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,883,814 shares of the energy company's stock valued at $21,569,000 after buying an additional 173,749 shares during the period. Vanguard Group Inc. increased its stake in shares of Hallador Energy by 13.9% in the 4th quarter. Vanguard Group Inc. now owns 1,627,909 shares of the energy company's stock worth $18,640,000 after purchasing an additional 198,790 shares in the last quarter. Empyrean Capital Partners LP raised its holdings in Hallador Energy by 71.0% in the 4th quarter. Empyrean Capital Partners LP now owns 1,325,000 shares of the energy company's stock worth $15,171,000 after purchasing an additional 550,000 shares during the period. Point72 Asset Management L.P. lifted its position in Hallador Energy by 4,460.2% during the fourth quarter. Point72 Asset Management L.P. now owns 1,097,500 shares of the energy company's stock valued at $12,566,000 after purchasing an additional 1,073,433 shares in the last quarter. Finally, Apis Capital Advisors LLC grew its holdings in Hallador Energy by 106.9% during the fourth quarter. Apis Capital Advisors LLC now owns 898,000 shares of the energy company's stock valued at $10,282,000 after purchasing an additional 464,000 shares during the period. Hedge funds and other institutional investors own 61.38% of the company's stock.

Hallador Energy Company Profile

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.