Hallador Energy Company (NASDAQ:HNRG - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $14.22 and traded as high as $21.51. Hallador Energy shares last traded at $19.62, with a volume of 1,667,801 shares changing hands.
Analysts Set New Price Targets
HNRG has been the topic of several research reports. Northland Securities started coverage on shares of Hallador Energy in a research note on Monday, May 19th. They set an "outperform" rating and a $23.00 price objective on the stock. Northland Capmk upgraded Hallador Energy to a "strong-buy" rating in a research report on Monday, May 19th. Finally, Wall Street Zen lowered Hallador Energy from a "buy" rating to a "hold" rating in a research report on Wednesday, May 21st. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $18.33.
Get Our Latest Research Report on Hallador Energy
Hallador Energy Price Performance
The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.17 and a current ratio of 0.60. The stock has a market capitalization of $843.27 million, a price-to-earnings ratio of -3.60 and a beta of 0.52. The business's 50 day simple moving average is $16.49 and its 200-day simple moving average is $14.22.
Hallador Energy (NASDAQ:HNRG - Get Free Report) last issued its quarterly earnings data on Monday, August 11th. The energy company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.34. The business had revenue of $102.89 million during the quarter, compared to the consensus estimate of $91.73 million. Hallador Energy had a positive return on equity of 0.31% and a negative net margin of 52.50%. Research analysts anticipate that Hallador Energy Company will post -0.31 earnings per share for the current year.
Insider Activity at Hallador Energy
In related news, Director David C. Hardie sold 97,837 shares of the company's stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $19.05, for a total value of $1,863,794.85. Following the completion of the sale, the director owned 139,089 shares of the company's stock, valued at $2,649,645.45. This represents a 41.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 23.73% of the company's stock.
Institutional Trading of Hallador Energy
A number of hedge funds and other institutional investors have recently made changes to their positions in HNRG. Dimensional Fund Advisors LP raised its holdings 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 worth $21,569,000 after purchasing an additional 173,749 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Hallador Energy by 4.0% in the 1st quarter. Vanguard Group Inc. now owns 1,693,561 shares of the energy company's stock worth $20,797,000 after buying an additional 65,652 shares in the last quarter. Empyrean Capital Partners LP raised its stake in shares of 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 buying an additional 550,000 shares in the last quarter. Point72 Asset Management L.P. lifted its holdings in shares of Hallador Energy by 4,460.2% in 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 buying an additional 1,073,433 shares during the period. Finally, Apis Capital Advisors LLC boosted its stake in Hallador Energy by 20.3% during the first quarter. Apis Capital Advisors LLC now owns 1,079,935 shares of the energy company's stock valued at $13,262,000 after buying an additional 181,935 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.
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