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.
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
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.
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