Hallador Energy (NASDAQ:HNRG) Director Sells $163,398.54 in Stock

Hallador Energy (NASDAQ:HNRGGet Rating) Director Bryan H. Lawrence sold 28,869 shares of the stock in a transaction dated Friday, September 16th. The shares were sold at an average price of $5.66, for a total value of $163,398.54. Following the completion of the transaction, the director now owns 131,229 shares in the company, valued at approximately $742,756.14. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Hallador Energy Trading Down 0.4 %

NASDAQ:HNRG opened at $5.61 on Friday. The stock’s 50 day moving average price is $6.56 and its 200 day moving average price is $5.35. The company has a market capitalization of $185.03 million, a PE ratio of -13.07 and a beta of 0.56. The company has a quick ratio of 0.50, a current ratio of 0.92 and a debt-to-equity ratio of 0.64. Hallador Energy has a 52-week low of $2.06 and a 52-week high of $7.95.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in HNRG. Cove Street Capital LLC grew its stake in Hallador Energy by 537.9% during the 1st quarter. Cove Street Capital LLC now owns 7,827 shares of the energy company’s stock worth $27,000 after buying an additional 6,600 shares during the last quarter. Dorsey Wright & Associates purchased a new position in shares of Hallador Energy in the 2nd quarter valued at approximately $49,000. Charles Schwab Investment Management Inc. purchased a new position in shares of Hallador Energy in the 1st quarter valued at approximately $52,000. D L Carlson Investment Group Inc. purchased a new position in shares of Hallador Energy in the 4th quarter valued at approximately $54,000. Finally, Sigma Planning Corp purchased a new position in shares of Hallador Energy in the 2nd quarter valued at approximately $54,000. Hedge funds and other institutional investors own 51.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Hallador Energy from a “hold” rating to a “sell” rating in a research note on Sunday, August 21st.

About Hallador Energy

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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.

See Also

Insider Buying and Selling by Quarter for Hallador Energy (NASDAQ:HNRG)

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