David C. Hardie Sells 44,699 Shares of Hallador Energy (NASDAQ:HNRG) Stock

Hallador Energy (NASDAQ:HNRG) Director David C. Hardie sold 44,699 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $12.88, for a total value of $575,723.12. Following the sale, the director now directly owns 2,130,423 shares in the company, valued at approximately $27,439,848.24. This trade represents a 2.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Hallador Energy Trading Up 0.5 %

Shares of HNRG stock traded up $0.06 during mid-day trading on Wednesday, hitting $12.95. The company’s stock had a trading volume of 407,279 shares, compared to its average volume of 485,980. Hallador Energy has a 52 week low of $4.33 and a 52 week high of $13.57. The company has a market cap of $551.93 million, a PE ratio of -23.44 and a beta of 0.62. The company’s fifty day simple moving average is $9.58 and its 200-day simple moving average is $7.98. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.17 and a current ratio of 0.58.

Hallador Energy (NASDAQ:HNRG) last issued its earnings results on Tuesday, November 12th. The energy company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.14. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%. The business had revenue of $105.04 million during the quarter, compared to analyst estimates of $117.10 million. During the same period in the previous year, the company posted $0.47 EPS. As a group, equities research analysts expect that Hallador Energy will post -0.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

HNRG has been the subject of several research analyst reports. StockNews.com lowered Hallador Energy from a “hold” rating to a “sell” rating in a research report on Sunday, August 18th. B. Riley lifted their price objective on Hallador Energy from $9.00 to $13.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th.

Institutional Trading of Hallador Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Barclays PLC boosted its stake in Hallador Energy by 272.9% during the 3rd quarter. Barclays PLC now owns 33,131 shares of the energy company’s stock valued at $312,000 after purchasing an additional 24,247 shares during the last quarter. Geode Capital Management LLC boosted its stake in Hallador Energy by 4.2% during the 3rd quarter. Geode Capital Management LLC now owns 672,801 shares of the energy company’s stock valued at $6,346,000 after purchasing an additional 27,093 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Hallador Energy during the 3rd quarter valued at about $251,000. Wolverine Trading LLC boosted its stake in Hallador Energy by 689.9% during the 3rd quarter. Wolverine Trading LLC now owns 35,823 shares of the energy company’s stock valued at $347,000 after purchasing an additional 31,288 shares during the last quarter. Finally, State Street Corp boosted its stake in Hallador Energy by 1.5% during the 3rd quarter. State Street Corp now owns 525,123 shares of the energy company’s stock valued at $4,952,000 after purchasing an additional 7,764 shares during the last quarter. 61.38% of the stock is owned by institutional investors.

Hallador Energy Company Profile

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.