Hallador Energy (NASDAQ:HNRG) Director Purchases $11,025.00 in Stock

Hallador Energy (NASDAQ:HNRG) Director Charles Ray Iv Wesley purchased 2,100 shares of the stock in a transaction that occurred on Thursday, March 21st. The shares were acquired at an average price of $5.25 per share, for a total transaction of $11,025.00. Following the completion of the transaction, the director now directly owns 110,302 shares of the company’s stock, valued at approximately $579,085.50. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Hallador Energy Stock Up 3.4 %

Hallador Energy stock opened at $5.21 on Thursday. The company has a market capitalization of $181.72 million, a PE ratio of 4.17 and a beta of 0.46. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.19 and a current ratio of 0.58. Hallador Energy has a fifty-two week low of $4.50 and a fifty-two week high of $15.79. The firm has a 50 day moving average price of $7.49 and a 200 day moving average price of $10.45.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on HNRG shares. StockNews.com lowered Hallador Energy from a “buy” rating to a “hold” rating in a research report on Friday, March 15th. TheStreet cut shares of Hallador Energy from a “b-” rating to a “c” rating in a research report on Wednesday, March 20th.

Institutional Investors Weigh In On Hallador Energy

Several large investors have recently added to or reduced their stakes in the business. Dorsey Wright & Associates purchased a new stake in Hallador Energy during the 3rd quarter worth about $31,000. Allspring Global Investments Holdings LLC purchased a new position in Hallador Energy in the third quarter valued at approximately $34,000. UBS Group AG grew its position in shares of Hallador Energy by 384,300.0% in the 4th quarter. UBS Group AG now owns 3,844 shares of the energy company’s stock valued at $38,000 after buying an additional 3,843 shares during the last quarter. Charles Schwab Investment Management Inc. purchased a new position in Hallador Energy during the 1st quarter worth approximately $52,000. Finally, Virtu Financial LLC purchased a new position in shares of Hallador Energy during the first quarter worth approximately $54,000. 61.38% of the stock is owned by hedge funds and other institutional investors.

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.