Hallador Energy (NASDAQ:HNRG) Stock Rating Upgraded by TheStreet

Hallador Energy (NASDAQ:HNRGGet Rating) was upgraded by investment analysts at TheStreet from a “d” rating to a “c-” rating in a research report issued on Wednesday, TheStreetRatingsTable reports.

A number of other research firms also recently issued reports on HNRG. StockNews.com downgraded shares of Hallador Energy from a “buy” rating to a “hold” rating in a report on Tuesday, March 29th. Zacks Investment Research upgraded shares of Hallador Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, January 5th.

NASDAQ HNRG opened at $4.36 on Wednesday. The company has a quick ratio of 0.33, a current ratio of 0.61 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $134.20 million, a P/E ratio of -36.33 and a beta of 0.57. Hallador Energy has a 12-month low of $1.99 and a 12-month high of $6.17. The firm has a 50-day moving average price of $4.02 and a two-hundred day moving average price of $3.17.

Hallador Energy (NASDAQ:HNRGGet Rating) last posted its quarterly earnings data on Monday, March 28th. The energy company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.23). Hallador Energy had a negative net margin of 1.52% and a negative return on equity of 6.31%. During the same quarter in the prior year, the company posted ($0.15) earnings per share.

Several large investors have recently modified their holdings of HNRG. Morgan Stanley raised its position in shares of Hallador Energy by 20.5% in the 1st quarter. Morgan Stanley now owns 39,472 shares of the energy company’s stock valued at $74,000 after buying an additional 6,709 shares in the last quarter. Millennium Management LLC increased its position in Hallador Energy by 137.2% during the 2nd quarter. Millennium Management LLC now owns 46,055 shares of the energy company’s stock worth $124,000 after purchasing an additional 26,642 shares in the last quarter. Mackenzie Financial Corp acquired a new position in Hallador Energy during the 3rd quarter worth approximately $46,000. O Shaughnessy Asset Management LLC increased its position in Hallador Energy by 28.9% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 210,582 shares of the energy company’s stock worth $623,000 after purchasing an additional 47,168 shares in the last quarter. Finally, B. Riley Wealth Management Inc. acquired a new position in Hallador Energy during the 3rd quarter worth approximately $38,000. Institutional investors own 23.00% of the company’s stock.

About Hallador Energy (Get Rating)

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, Indiana; and Ace in the Hole mine located near Clay City, Indiana.

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