Traders Purchase Large Volume of Hallador Energy Call Options (NASDAQ:HNRG)

Hallador Energy (NASDAQ:HNRG - Get Free Report) was the recipient of some unusual options trading activity on Monday. Investors purchased 10,181 call options on the stock. This is an increase of 365% compared to the average daily volume of 2,190 call options.

Hallador Energy Trading Up 2.8 %

Hallador Energy stock traded up $0.39 during midday trading on Friday, hitting $14.37. 1,253,021 shares of the stock were exchanged, compared to its average volume of 558,721. Hallador Energy has a 52 week low of $4.59 and a 52 week high of $14.76. The company has a quick ratio of 0.17, a current ratio of 0.58 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $612.44 million, a PE ratio of -26.13 and a beta of 0.18. The company has a fifty day simple moving average of $11.42 and a two-hundred day simple moving average of $11.38.

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HNRG. StockNews.com raised shares of Hallador Energy from a "sell" rating to a "hold" rating in a report 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 note on Tuesday, April 1st.

Hedge Funds Weigh In On Hallador Energy

Several hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC increased its position in shares of Hallador Energy by 1,391.0% in the first quarter. GAMMA Investing LLC now owns 6,128 shares of the energy company's stock valued at $750,000 after acquiring an additional 5,717 shares during the last quarter. Legal & General Group Plc increased its stake 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 during the period. Quantinno Capital Management LP acquired a new stake in shares of Hallador Energy during the third quarter worth $96,000. XTX Topco Ltd bought a new stake in Hallador Energy in the 4th quarter valued at about $121,000. Finally, Janus Henderson Group PLC acquired a new stake in Hallador Energy during the third quarter worth approximately $119,000. 61.38% of the stock is owned by institutional investors.

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.