Hallador Energy (NASDAQ:HNRG) Stock Passes Above 200 Day Moving Average of $10.50

Shares of Hallador Energy (NASDAQ:HNRGGet Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $10.50 and traded as high as $12.74. Hallador Energy shares last traded at $12.11, with a volume of 256,633 shares.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. StockNews.com assumed coverage on shares of Hallador Energy in a research report on Thursday, October 5th. They issued a “buy” rating on the stock. B. Riley raised their price target on shares of Hallador Energy from $9.00 to $11.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 30th.

Get Our Latest Analysis on HNRG

Hallador Energy Stock Performance

The company has a market capitalization of $401.33 million, a P/E ratio of 5.15 and a beta of 0.71. The stock’s 50-day moving average price is $13.26 and its 200-day moving average price is $10.50. The company has a current ratio of 0.54, a quick ratio of 0.17 and a debt-to-equity ratio of 0.20.

Hallador Energy (NASDAQ:HNRGGet Free Report) last issued its quarterly earnings data on Monday, August 7th. The energy company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.16. The firm had revenue of $161.19 million for the quarter, compared to the consensus estimate of $158.00 million. Hallador Energy had a net margin of 12.74% and a return on equity of 35.24%.

Institutional Trading of Hallador Energy

Hedge funds have recently bought and sold shares of the company. EA Series Trust bought a new stake in Hallador Energy in the 2nd quarter valued at about $1,295,000. Level Four Advisory Services LLC bought a new stake in shares of Hallador Energy during the 1st quarter worth about $204,000. Aegis Financial Corp raised its position in shares of Hallador Energy by 1.3% during the 1st quarter. Aegis Financial Corp now owns 2,304,833 shares of the energy company’s stock worth $21,181,000 after buying an additional 29,272 shares in the last quarter. Cornercap Investment Counsel Inc. raised its position in shares of Hallador Energy by 28.4% during the 1st quarter. Cornercap Investment Counsel Inc. now owns 68,461 shares of the energy company’s stock worth $629,000 after buying an additional 15,152 shares in the last quarter. Finally, Jump Financial LLC raised its position in shares of Hallador Energy by 30.8% during the 1st quarter. Jump Financial LLC now owns 31,774 shares of the energy company’s stock worth $292,000 after buying an additional 7,474 shares in the last quarter. 44.86% of the stock is currently owned by institutional investors.

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.

Further Reading

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