Hallador Energy (NASDAQ:HNRG – Get Rating)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.39 and traded as high as $6.95. Hallador Energy shares last traded at $6.69, with a volume of 123,066 shares.
Analysts Set New Price Targets
Separately, TheStreet raised Hallador Energy from a “d” rating to a “c-” rating in a report on Wednesday, May 4th.
Hallador Energy Stock Down 1.0 %
The stock has a market cap of $205.95 million, a PE ratio of -15.93 and a beta of 0.45. The stock has a 50-day moving average of $5.85 and a 200 day moving average of $4.39.
Hallador Energy (NASDAQ:HNRG – Get Rating) last issued its quarterly earnings data on Monday, May 23rd. The energy company reported ($0.33) earnings per share for the quarter. Hallador Energy had a negative net margin of 4.95% and a negative return on equity of 11.43%. The firm had revenue of $58.91 million during the quarter.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the business. Acadian Asset Management LLC lifted its holdings in shares of Hallador Energy by 29.1% in the 4th quarter. Acadian Asset Management LLC now owns 692,819 shares of the energy company’s stock valued at $1,703,000 after purchasing an additional 156,022 shares during the last quarter. D L Carlson Investment Group Inc. purchased a new position in shares of Hallador Energy during the 4th quarter worth approximately $54,000. Cove Street Capital LLC grew its holdings in shares of Hallador Energy by 537.9% in the 1st quarter. Cove Street Capital LLC now owns 7,827 shares of the energy company’s stock worth $27,000 after acquiring an additional 6,600 shares during the period. Oldfield Partners LLP grew its holdings in shares of Hallador Energy by 111.7% in the 1st quarter. Oldfield Partners LLP now owns 305,504 shares of the energy company’s stock worth $1,549,000 after acquiring an additional 161,200 shares during the period. Finally, American Century Companies Inc. acquired a new stake in shares of Hallador Energy in the 4th quarter worth approximately $32,000. 23.00% of the stock is owned by institutional investors and hedge funds.
About Hallador Energy
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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