Wall Street analyst reiterates Hallador Energy Co. [HNRG], what else is wall st saying


Halldor Energy Company [NASDAQ: HNRG] It gained $0.46 during the normal trading session on Wednesday and reached a high of $9.60, while closing at $9.14 during the day. The company reported on November 14, 2022 that Halldor Energy Company reported financial and operating results for the third quarter of 2022, paid down 34% of outstanding bank debt.


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Brent Bilsland, President and Chief Executive Officer, said, “The third quarter was a transitional quarter for Hallador. We signed materially higher priced contracts and expanded our production capacity to take advantage of higher market prices. Following Q3, in October, we completed the acquisition of the Merom Generating Station, which uniquely positions Halldor by providing new revenue streams and a platform for potential future investments, including new generation and energy storage. During and after the quarter, we were able to meet our goal of reducing our balance sheet by reducing our bank debt by $44 million, which represented 34% of our outstanding balance.

The stock of Hallador Energy Company has also gained 11.74% of its value in last 7 days. However, HNRG stock has declined by 25.21% in 3 months of the year. Meanwhile, in the last six months, it has gained 105.86% and has gained 271.54% year-to-date.

The market capitalization of HNRG stock reached $305.55 million, with 32.98 million shares outstanding and 24.65 million shares in the current float. Compared to the average trading volume of 184.18K shares, HNRG reached a trading volume of 386142 shares in the most recent trading day, which is why market watchdogs consider the stock active.

Here’s what the leading stock market gurus have to say about Halldor Energy Company [HNRG],

FBR & Company has an outlook for the shares of Halldor Energy Company, keeping its view on the stock as Outperform, in line with its previous recommendation dated March 15, 2017. While these analysts maintained their previous recommendation, FBR & Company raised their target price from $10 to $12. The new note on price target was issued on November 23, 2016, which represents the official price target for Halldor Energy Company stock. Previously, there was another increase in target price from $7 to $8, while FBR & Company kept an outperform rating on HNRG stock. On November 10, 2015, analysts cut their price target for HNRG shares from 9 to 8.

The Average True Range (ATR) for Halldor Energy Company is set at 0.60, The Price to Sales ratio for HNRG stock over the trailing 12 months period is 1.11. The Price to Book ratio for the previous quarter was 1.64, the Price to Cash per share for the same quarter was set at 0.21.

hnrg stock trading performance evaluation

Halldor Energy Company [HNRG] Moved into the green zone at the end of last week, in a positive trend and rising up to 11.74. With this latest performance, HNRG shares are up 27.48% in the last four-week period, apart from falling 105.86% in the last 6 months — not to mention a 243.61% gain in the past year of trading.

Overbought and oversold stocks can be easily detected with the Relative Strength Index (RSI), where an RSI result of over 70 will result in overbought, and any rate below 30 will indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HNRG stock for the past two-week period is set at 72.13, with the RSI last trading hit at 76.31, and the three-week RSI for Halldor Energy Company is set at 68.96. [HNRG], The current moving average for the last 50 days of trade of this stock is 6.86, while it was recorded at 8.38 for the last one week and 5.55 for the last 200 days.

Halldor Energy Company [HNRG]: An Insightful Look at the Fundamentals

The operating margin for any stock indicates how profitable an investment will be, and Halldor Energy Co. [HNRG] The shares currently has an Operating Margin of -3.37 and Gross Margin of +2.71. The Net Margin of Hallador Energy Company is currently recorded at -1.52.

The return on equity for this stock decreased to -2.02, while the return on assets stood at -0.97.

Hallador Energy Company’s liquidity data is equally compelling, with a quick ratio of 0.20 and a current ratio set at 0.40.

Halldor Energy Company [HNRG]: Insider Ownership Position

Institutional investors currently hold approximately $80 million, or 43.80%, of HNRG stock in their hands. The top three institutional holders of HNRG stock are: CASTLEKNIGHT MANAGEMENT LP with ownership of 1,181,642, which is approximately 6.621% of the company’s market cap and approximately 1.50% of total institutional ownership; Vanguard Group Inc. holds 986,554 shares of the stock with an approximate value of $9.02 million in HNRG stock shares; and DIMENSIONAL FUND ADVISORS LP, with $7.95M in HNRG stock currently owning approximately 35.272% of the company’s market capitalization.

Positions in Halldor Energy Company shares held by institutional investors increased at the end of November and during the November reporting period, where 19 institutional holders increased their positions in Halldor Energy Company [NASDAQ:HNRG] By approximately 539,742 shares. Additionally, 24 investors reduced positions by approximately 890,498 shares, while 16 investors maintained positions by 7,272,056 shares. As per the latest SEC report filing, the mentioned changes put the institutional holdings at 8,702,296 shares. There were 7 new institutional investments in HNRG stock for a total of 100,590 shares, while 4 institutional investors sold 141,531 shares during the same period.

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