Hallador Energy Co. (NASDAQ:HNRG)’s share price shot up 3.1% during mid-day trading on Monday . The stock traded as high as $4.94 and last traded at $4.92, with a volume of 67,446 shares trading hands. The stock had previously closed at $4.77.

Several research firms have issued reports on HNRG. Zacks Investment Research lowered Hallador Energy from a “buy” rating to a “hold” rating in a research note on Thursday. FBR & Co restated a “buy” rating on shares of Hallador Energy in a research note on Tuesday, May 10th.

The firm has a market cap of $143.62 million and a price-to-earnings ratio of 7.77. The firm has a 50 day moving average price of $4.50 and a 200 day moving average price of $4.65.

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 12th. Investors of record on Friday, July 29th will be paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 3.26%. The ex-dividend date is Wednesday, July 27th.

A hedge fund recently raised its stake in Hallador Energy stock. Morgan Stanley raised its stake in Hallador Energy Co. (NASDAQ:HNRG) by 63.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 263,016 shares of the company’s stock after buying an additional 102,297 shares during the period. Morgan Stanley owned about 0.91% of Hallador Energy worth $1,200,000 as of its most recent SEC filing.

Hallador Energy Company is an oil and gas exploration company focused on developing coal reserves in the Illinois Basin. The Company, through its subsidiary, Sunrise Coal, LLC, is engaged in coal mining in the state of Indiana serving the electric power generation industry. Its projects include Carlisle Mine, Ace in the Hole Mine, Oaktown 1 Mine, Oaktown 2 Mine and Bulldog Mine.

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