Zarrell Thomas Gray Purchases 5,000 Shares of Hallador Energy (NASDAQ:HNRG) Stock

Hallador Energy (NASDAQ:HNRG) Director Zarrell Thomas Gray acquired 5,000 shares of the stock in a transaction on Thursday, August 22nd. The stock was purchased at an average cost of $5.75 per share, with a total value of $28,750.00. Following the transaction, the director now directly owns 33,000 shares of the company’s stock, valued at $189,750. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Zarrell Thomas Gray also recently made the following trade(s):

• On Monday, August 12th, Zarrell Thomas Gray purchased 10,000 shares of Hallador Energy stock. The shares were bought at an average cost of $5.50 per share, with a total value of $55,000.00.

Hallador Energy Stock Performance

Shares of HNRG traded up $0.25 during midday trading on Monday, hitting $6.25. 301,882 shares of the stock traded hands, compared to its average volume of 463,864. Hallador Energy has a 1-year low of $4.33 and a 1-year high of $15.79. The firm has a market capitalization of $231.42 million, a PE ratio of 10.59 and a beta of 0.66. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.14 and a current ratio of 0.57. The business’s 50 day moving average price is $7.26 and its two-hundred day moving average price is $6.73.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings results on Tuesday, August 6th. The energy company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.19). Hallador Energy had a net margin of 3.79% and a return on equity of 8.49%. The firm had revenue of $90.91 million for the quarter, compared to analyst estimates of $108.00 million. During the same period last year, the firm posted $0.47 EPS. Equities research analysts predict that Hallador Energy will post 0.36 EPS for the current fiscal year.

Institutional Investors Weigh In On Hallador Energy

Several institutional investors have recently bought and sold shares of HNRG. Empyrean Capital Partners LP acquired a new stake in Hallador Energy in the second quarter worth about $3,885,000. B. Riley Wealth Advisors Inc. lifted its holdings in Hallador Energy by 3,171.7% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 376,250 shares of the energy company’s stock valued at $2,923,000 after acquiring an additional 364,750 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in Hallador Energy in the 2nd quarter valued at about $2,197,000. ClariVest Asset Management LLC acquired a new stake in Hallador Energy in the 2nd quarter valued at about $735,000. Finally, Pekin Hardy Strauss Inc. acquired a new stake in Hallador Energy in the 2nd quarter valued at about $584,000. Institutional investors and hedge funds own 61.38% of the company’s stock.

Analyst Ratings Changes

HNRG has been the subject of a number of research reports. StockNews.com downgraded shares of Hallador Energy from a “hold” rating to a “sell” rating in a report on Sunday, August 18th. B. Riley raised shares of Hallador Energy from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $8.00 to $9.00 in a report on Thursday, May 30th.

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.