Hallador Energy (NASDAQ:HNRG) Stock Rating Lowered by StockNews.com

Hallador Energy (NASDAQ:HNRG) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.

Separately, TheStreet cut Hallador Energy from a “b-” rating to a “c” rating in a research report on Wednesday, March 20th.

Hallador Energy Trading Up 2.3 %

Shares of Hallador Energy stock traded up $0.12 during trading on Thursday, hitting $5.33. The stock had a trading volume of 342,606 shares, compared to its average volume of 373,453. The company has a quick ratio of 0.19, a current ratio of 0.58 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $185.91 million, a PE ratio of 4.26 and a beta of 0.46. Hallador Energy has a 1 year low of $4.50 and a 1 year high of $15.79. The stock has a 50 day simple moving average of $7.43 and a 200 day simple moving average of $10.42.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Dorsey Wright & Associates bought a new stake in shares of Hallador Energy during the 3rd quarter worth about $31,000. Allspring Global Investments Holdings LLC acquired a new position in Hallador Energy during the third quarter valued at approximately $34,000. UBS Group AG raised its position in shares of Hallador Energy by 384,300.0% in the fourth quarter. UBS Group AG now owns 3,844 shares of the energy company’s stock valued at $38,000 after purchasing an additional 3,843 shares during the period. Charles Schwab Investment Management Inc. bought a new position in shares of Hallador Energy in the first quarter valued at approximately $52,000. Finally, Virtu Financial LLC acquired a new stake in shares of Hallador Energy in the first quarter worth $54,000. Institutional investors and hedge funds own 61.38% of the company’s stock.

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.