Hallador Energy (NASDAQ:HNRG - Get Free Report) was the target of some unusual options trading on Monday. Stock traders acquired 2,021 put options on the stock. This represents an increase of approximately 76% compared to the average volume of 1,148 put options.
Analyst Ratings Changes
A number of research analysts have recently commented on the company. B. Riley increased their price objective on Hallador Energy from $9.00 to $13.00 and gave the company a "buy" rating in a report on Wednesday, November 13th. Alliance Global Partners started coverage on shares of Hallador Energy in a report on Monday, December 9th. They issued a "buy" rating and a $17.00 price target for the company.
Read Our Latest Research Report on Hallador Energy
Insider Activity
In other Hallador Energy news, Director David C. Hardie sold 23,604 shares of Hallador Energy stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $13.11, for a total value of $309,448.44. Following the completion of the transaction, the director now directly owns 2,106,819 shares of the company's stock, valued at $27,620,397.09. The trade was a 1.11 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold a total of 104,524 shares of company stock worth $1,356,743 over the last quarter. 32.30% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Hallador Energy
A number of hedge funds have recently bought and sold shares of the company. CWM LLC increased its position in shares of Hallador Energy by 154.4% during the 3rd quarter. CWM LLC now owns 8,227 shares of the energy company's stock valued at $78,000 after purchasing an additional 4,993 shares during the period. The Manufacturers Life Insurance Company purchased a new stake in Hallador Energy in the 2nd quarter worth about $78,000. Quantinno Capital Management LP acquired a new position in Hallador Energy in the 3rd quarter valued at approximately $96,000. Exchange Traded Concepts LLC grew its stake in Hallador Energy by 66.4% in the third quarter. Exchange Traded Concepts LLC now owns 10,357 shares of the energy company's stock valued at $98,000 after purchasing an additional 4,132 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of Hallador Energy during the 3rd quarter worth $100,000. 61.38% of the stock is currently owned by institutional investors and hedge funds.
Hallador Energy Trading Up 4.8 %
HNRG traded up $0.46 during midday trading on Tuesday, hitting $9.95. The company's stock had a trading volume of 944,119 shares, compared to its average volume of 582,262. The firm has a market cap of $424.07 million, a P/E ratio of -18.09 and a beta of 0.71. Hallador Energy has a 52-week low of $4.33 and a 52-week high of $14.00. The company has a current ratio of 0.58, a quick ratio of 0.17 and a debt-to-equity ratio of 0.16. The firm has a 50-day moving average price of $12.13 and a two-hundred day moving average price of $9.65.
Hallador Energy (NASDAQ:HNRG - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The energy company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.14. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. The company had revenue of $105.04 million during the quarter, compared to the consensus estimate of $117.10 million. During the same period in the previous year, the firm earned $0.47 earnings per share. On average, research analysts anticipate that Hallador Energy will post -0.31 earnings per share for the current year.
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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