Hallador Energy (NASDAQ:HNRG) Stock Passes Above 200-Day Moving Average of $7.64

Shares of Hallador Energy (NASDAQ:HNRG – Get Rating) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.64 and traded as high as $9.09. Hallador Energy shares last traded at $9.04, with a volume of 75,273 shares traded.

Analyst Ratings Changes

Several brokerages have recently issued reports on HNRG. B. Riley cut Hallador Energy from a “buy” rating to a “neutral” rating and set a $9.00 target price on the stock. in a report on Tuesday, January 17th. StockNews.com raised Hallador Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, November 30th.

Hallador Energy Stock Up 0.6 %

The company has a 50 day simple moving average of $9.49 and a two-hundred day simple moving average of $7.64. The company has a quick ratio of 0.18, a current ratio of 0.36 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $298.17 million, a P/E ratio of -14.13 and a beta of 0.81.

Hallador Energy (NASDAQ:HNRG – Get Rating) last announced its quarterly earnings results on Monday, November 14th. The energy company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $85.08 million during the quarter. Hallador Energy had a negative return on equity of 10.96% and a negative net margin of 7.14%. As a group, equities analysts predict that Hallador Energy will post -0.19 EPS for the current year.

Institutional Trading of Hallador Energy

A number of large investors have recently modified their holdings of HNRG. American Century Companies Inc. boosted its holdings in shares of Hallador Energy by 30.5% in the first quarter. American Century Companies Inc. now owns 17,093 shares of the energy company’s stock valued at $60,000 after purchasing an additional 3,996 shares during the period. Dimensional Fund Advisors LP lifted its holdings 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 worth $1,326,000 after buying an additional 136,092 shares during the period. Charles Schwab Investment Management Inc. purchased a new stake in Hallador Energy during the first quarter worth $52,000. Invesco Ltd. purchased a new stake in Hallador Energy during the first quarter worth $230,000. Finally, State Street Corp lifted its holdings in Hallador Energy by 48.1% during the first quarter. State Street Corp now owns 84,467 shares of the energy company’s stock worth $296,000 after buying an additional 27,431 shares during the period. Hedge funds and other institutional investors own 25.26% of the company’s stock.

Hallador Energy Company Profile

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Hallador Energy Co engages in business through its subsidiary, Sunrise Coal, LLC, which produces coal in the Illinois Basin for the electric power generation industry. It also owns summit terminal, a transport facility on the Ohio River. The company was founded in 1951 and is headquartered in Terre Haute, IN.