Shares of Hallador Energy (NASDAQ:HNRG - Get Free Report) shot up 5.5% during trading on Wednesday . The stock traded as high as $13.93 and last traded at $13.92. 227,067 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 547,538 shares. The stock had previously closed at $13.19.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on the company. StockNews.com upgraded Hallador Energy from a "sell" rating to a "hold" rating in a research note on Monday, April 7th. B. Riley boosted their price objective on 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 Report on HNRG
Hallador Energy Trading Down 5.2 %
The stock has a market capitalization of $580.47 million, a PE ratio of -24.76 and a beta of 0.18. The firm has a 50 day moving average price of $11.42 and a 200 day moving average price of $11.40. 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 released its quarterly earnings data 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 analyst estimates of $102.46 million. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. Equities analysts expect that Hallador Energy will post -0.31 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of HNRG. Legal & General Group Plc lifted its stake in Hallador Energy by 23.5% in the fourth quarter. Legal & General Group Plc now owns 7,539 shares of the energy company's stock worth $86,000 after acquiring an additional 1,435 shares during the period. XTX Topco Ltd acquired a new position in Hallador Energy in the fourth quarter valued at approximately $121,000. Quantinno Capital Management LP grew its position in shares of Hallador Energy by 17.0% during the 4th quarter. Quantinno Capital Management LP now owns 11,915 shares of the energy company's stock valued at $136,000 after acquiring an additional 1,729 shares during the period. Intech Investment Management LLC acquired a new stake in Hallador Energy in the 4th quarter valued at $156,000. Finally, Sage Investment Counsel LLC purchased a new position in Hallador Energy in the 4th quarter valued at $160,000. Institutional investors own 61.38% of the company's stock.
Hallador Energy Company Profile
(
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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