Hallador Energy Company (HNRG) Hits New 52-Week Low at $5.10
Hallador Energy Company (NASDAQ:HNRG) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $5.10 and last traded at $5.10, with a volume of 27,839 shares trading hands. The stock had previously closed at $5.15.
A number of research firms recently issued reports on HNRG. Zacks Investment Research raised Hallador Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, August 15th. ValuEngine lowered Hallador Energy from a “strong-buy” rating to a “buy” rating in a research note on Monday, August 14th.
The stock’s 50 day moving average price is $5.57 and its 200-day moving average price is $6.75. The company has a market cap of $150.90 million, a PE ratio of 18.57 and a beta of -0.63.
Hallador Energy (NASDAQ:HNRG) last issued its earnings results on Tuesday, August 8th. The energy company reported $0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.13). The business had revenue of $64.31 million for the quarter, compared to the consensus estimate of $64.20 million. Hallador Energy had a return on equity of 11.19% and a net margin of 3.13%. On average, equities research analysts forecast that Hallador Energy Company will post $0.48 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Investors of record on Tuesday, October 31st will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date is Monday, October 30th. Hallador Energy’s payout ratio is 59.26%.
A number of large investors have recently modified their holdings of the stock. Robotti Robert boosted its holdings in Hallador Energy by 4.6% during the second quarter. Robotti Robert now owns 46,431 shares of the energy company’s stock worth $345,000 after buying an additional 2,042 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Hallador Energy by 10.7% during the first quarter. PNC Financial Services Group Inc. now owns 47,529 shares of the energy company’s stock worth $380,000 after buying an additional 4,579 shares in the last quarter. BlueCrest Capital Management Ltd bought a new stake in Hallador Energy during the first quarter worth approximately $125,000. Nationwide Fund Advisors boosted its holdings in Hallador Energy by 228.3% during the second quarter. Nationwide Fund Advisors now owns 23,314 shares of the energy company’s stock worth $181,000 after buying an additional 16,213 shares in the last quarter. Finally, Rhumbline Advisers bought a new stake in Hallador Energy during the second quarter worth approximately $130,000. Hedge funds and other institutional investors own 57.52% of the company’s stock.
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About Hallador Energy
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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