Charles Ray Iv Wesley Purchases 25,000 Shares of Hallador Energy (NASDAQ:HNRG) Stock

Hallador Energy (NASDAQ:HNRG) Director Charles Ray Iv Wesley purchased 25,000 shares of the firm’s stock in a transaction on Friday, September 6th. The stock was bought at an average price of $5.97 per share, for a total transaction of $149,250.00. Following the acquisition, the director now owns 184,302 shares in the company, valued at $1,100,282.94. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Charles Ray Iv Wesley also recently made the following trade(s):

• On Friday, August 16th, Charles Ray Iv Wesley acquired 5,000 shares of Hallador Energy stock. The shares were acquired at an average price of $5.76 per share, with a total value of $28,800.00.

Hallador Energy Stock Performance

NASDAQ:HNRG traded up $0.04 during trading hours on Tuesday, reaching $6.44. 198,980 shares of the stock were exchanged, compared to its average volume of 449,412. The stock has a market capitalization of $238.45 million, a P/E ratio of 10.85 and a beta of 0.59. The firm has a 50 day simple moving average of $6.91 and a 200-day simple moving average of $6.63. The company has a quick ratio of 0.16, a current ratio of 0.53 and a debt-to-equity ratio of 0.11. Hallador Energy has a 52 week low of $4.33 and a 52 week high of $15.79.

Hallador Energy (NASDAQ:HNRG) last issued its earnings results on Tuesday, August 6th. The energy company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.19). The business had revenue of $90.91 million during the quarter, compared to the consensus estimate of $108.00 million. Hallador Energy had a negative return on equity of 1.48% and a negative net margin of 1.25%. During the same period in the prior year, the business earned $0.47 EPS. As a group, sell-side analysts forecast that Hallador Energy will post -0.41 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. bought a new stake in Hallador Energy in the 4th quarter valued at about $99,000. Teacher Retirement System of Texas acquired a new position in shares of Hallador Energy during the fourth quarter worth approximately $144,000. BNP Paribas Financial Markets grew its holdings in Hallador Energy by 264.1% in the 4th quarter. BNP Paribas Financial Markets now owns 76,823 shares of the energy company’s stock worth $679,000 after buying an additional 55,724 shares in the last quarter. Jump Financial LLC acquired a new stake in Hallador Energy in the 4th quarter valued at approximately $594,000. Finally, Janney Montgomery Scott LLC bought a new stake in Hallador Energy during the 4th quarter valued at $427,000. Institutional investors and hedge funds own 61.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. StockNews.com lowered shares of Hallador Energy from a “hold” rating to a “sell” rating in a research note on Sunday, August 18th. B. Riley raised shares of Hallador Energy from a “neutral” rating to a “buy” rating and upped their price target for the company from $8.00 to $9.00 in a report on Thursday, May 30th.

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; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.