Hallador Energy (NASDAQ:HNRG - Get Free Report) shot up 5.5% on Wednesday . The company traded as high as $13.93 and last traded at $13.92. 227,067 shares were traded 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.
Analysts Set New Price Targets
A number of brokerages have commented on HNRG. B. Riley raised their price target on shares of Hallador Energy from $13.00 to $15.00 and gave the stock a "buy" rating in a research note on Tuesday, April 1st. StockNews.com raised Hallador Energy from a "sell" rating to a "hold" rating in a research note on Monday, April 7th.
View Our Latest Report on HNRG
Hallador Energy Stock Performance
The stock's 50 day moving average is $11.42 and its two-hundred day moving average is $11.39. The firm has a market capitalization of $612.44 million, a P/E ratio of -26.13 and a beta of 0.18. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.58 and a quick ratio of 0.17.
Hallador Energy (NASDAQ:HNRG - Get Free Report) last posted its quarterly earnings results 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 for 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%. As a group, equities analysts anticipate that Hallador Energy will post -0.31 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the company. Legal & General Group Plc boosted its position in shares of Hallador Energy by 23.5% during the fourth quarter. Legal & General Group Plc now owns 7,539 shares of the energy company's stock worth $86,000 after purchasing an additional 1,435 shares in the last quarter. XTX Topco Ltd acquired a new position in Hallador Energy in the fourth quarter valued at about $121,000. Quantinno Capital Management LP increased its holdings in shares of Hallador Energy by 17.0% in the fourth quarter. Quantinno Capital Management LP now owns 11,915 shares of the energy company's stock worth $136,000 after acquiring an additional 1,729 shares in the last quarter. Intech Investment Management LLC acquired a new stake in shares of Hallador Energy during the fourth quarter worth about $156,000. Finally, Sage Investment Counsel LLC bought a new position in shares of Hallador Energy during the 4th quarter valued at about $160,000. Institutional investors and hedge funds 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.
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
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
