Hallador Energy (NASDAQ:HNRG) Stock Price Passes Above 200-Day Moving Average of $3.64

Hallador Energy (NASDAQ:HNRG – Get Rating)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.64 and traded as high as $6.05. Hallador Energy shares last traded at $6.05, with a volume of 27,139 shares.

Several research analysts have recently issued reports on the stock. TheStreet upgraded shares of Hallador Energy from a “d” rating to a “c-” rating in a report on Wednesday, May 4th. StockNews.com cut shares of Hallador Energy from a “buy” rating to a “hold” rating in a report on Tuesday, March 29th.

The firm has a market cap of $186.25 million, a P/E ratio of -14.40 and a beta of 0.56. The firm’s fifty day moving average is $4.81 and its two-hundred day moving average is $3.64.

Hallador Energy (NASDAQ:HNRG – Get Rating) last released its quarterly earnings results on Monday, March 28th. The energy company reported ($0.25) earnings per share for the quarter. The company had revenue of $65.51 million during the quarter, compared to the consensus estimate of $66.70 million. Hallador Energy had a negative net margin of 4.95% and a negative return on equity of 11.43%. During the same quarter last year, the firm earned ($0.15) EPS.

A number of large investors have recently added to or reduced their stakes in HNRG. CastleKnight Management LP bought a new stake in Hallador Energy in the fourth quarter valued at $1,629,000. EAM Investors LLC purchased a new position in Hallador Energy during the first quarter valued at $1,173,000. Oldfield Partners LLP lifted its position in Hallador Energy by 111.7% during the first quarter. Oldfield Partners LLP now owns 305,504 shares of the energy company’s stock valued at $1,549,000 after buying an additional 161,200 shares during the period. Acadian Asset Management LLC lifted its position in Hallador Energy by 29.1% during the fourth quarter. Acadian Asset Management LLC now owns 692,819 shares of the energy company’s stock valued at $1,703,000 after buying an additional 156,022 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in Hallador Energy by 56.1% during the first quarter. Dimensional Fund Advisors LP now owns 378,727 shares of the energy company’s stock valued at $1,326,000 after buying an additional 136,092 shares during the period. Institutional investors and hedge funds own 23.00% of the company’s stock.

Hallador Energy Company Profile (NASDAQ:HNRG)

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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