Hallador Energy (NASDAQ:HNRG) Lowered to Sell at StockNews.com

StockNews.com cut shares of Hallador Energy (NASDAQ:HNRGGet Rating) from a hold rating to a sell rating in a research note released on Friday.

Separately, TheStreet upgraded shares of Hallador Energy from a d rating to a c- rating in a research report on Wednesday, May 4th.

Hallador Energy Stock Performance

Shares of HNRG opened at $6.45 on Friday. The company’s fifty day moving average is $6.05 and its 200 day moving average is $4.52. Hallador Energy has a fifty-two week low of $1.99 and a fifty-two week high of $7.70.

Hallador Energy (NASDAQ:HNRGGet Rating) last posted 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 for the quarter.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of HNRG. American Century Companies Inc. bought a new position in Hallador Energy during the fourth quarter valued at $32,000. Acadian Asset Management LLC grew its holdings in shares of Hallador Energy by 29.1% in the fourth quarter. Acadian Asset Management LLC now owns 692,819 shares of the energy company’s stock worth $1,703,000 after purchasing an additional 156,022 shares during the last quarter. D L Carlson Investment Group Inc. bought a new position in shares of Hallador Energy in the fourth quarter worth about $54,000. CastleKnight Management LP bought a new position in shares of Hallador Energy in the fourth quarter worth about $1,629,000. Finally, Eidelman Virant Capital bought a new position in shares of Hallador Energy in the first quarter worth about $87,000. Institutional investors own 23.00% of the company’s stock.

About Hallador Energy

(Get Rating)

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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