Hallador Energy (NASDAQ:HNRG - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $14.22 and last traded at $13.98, with a volume of 1454415 shares. The stock had previously closed at $13.19.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on the stock. StockNews.com raised shares of Hallador Energy from a "sell" rating to a "hold" rating in a research report on Monday, April 7th. B. Riley upped their price target on shares of Hallador Energy from $13.00 to $15.00 and gave the stock a "buy" rating in a research report on Tuesday, April 1st.
Read Our Latest Stock Analysis on HNRG
Hallador Energy Price Performance
The company has a market cap of $608.17 million, a PE ratio of -25.94 and a beta of 0.18. The business's 50 day moving average price is $11.53 and its 200-day moving average price is $11.44. The company has a quick ratio of 0.17, a current ratio of 0.58 and a debt-to-equity ratio of 0.16.
Hallador Energy (NASDAQ:HNRG - Get Free Report) last posted its quarterly earnings data on Monday, March 17th. The energy company reported ($0.02) earnings per share 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 analysts' expectations of $102.46 million. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. As a group, analysts forecast that Hallador Energy will post -0.31 earnings per share for the current year.
Institutional Trading of Hallador Energy
Several institutional investors have recently added to or reduced their stakes in the stock. State Street Corp increased its position in shares of Hallador Energy by 1.5% in the 3rd quarter. State Street Corp now owns 525,123 shares of the energy company's stock worth $4,952,000 after purchasing an additional 7,764 shares during the last quarter. Barclays PLC lifted its holdings in Hallador Energy by 272.9% during the 3rd quarter. Barclays PLC now owns 33,131 shares of the energy company's stock worth $312,000 after buying an additional 24,247 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Hallador Energy by 4.2% in the 3rd quarter. Geode Capital Management LLC now owns 672,801 shares of the energy company's stock valued at $6,346,000 after acquiring an additional 27,093 shares during the last quarter. Aspiriant LLC acquired a new stake in shares of Hallador Energy during the 4th quarter valued at approximately $179,000. Finally, Bleakley Financial Group LLC bought a new position in Hallador Energy during the fourth quarter worth $171,000. 61.38% of the stock is owned by institutional investors and hedge funds.
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.
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