Zacks Upgrades Hallador Energy to Outperform (HNRG)
Hallador Energy (NASDAQ:HNRG) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report released on Tuesday, Stock Ratings News reports. The firm currently has a $8.60 price objective on the stock. Zacks‘ price objective suggests a potential upside of 22.86% from the stock’s previous close.
Shares of Hallador Energy (NASDAQ:HNRG) traded up 1.60% on Tuesday, hitting $7.00. The stock had a trading volume of 201,215 shares. Hallador Energy has a 1-year low of $6.38 and a 1-year high of $10.20. The stock’s 50-day moving average is $7.18 and its 200-day moving average is $7.47. The company has a market cap of $200.2 million and a P/E ratio of 8.01.
Hallador Energy Company is engaged in underground coal mining in the state of Indiana through Sunrise Coal LLC (NASDAQ:HNRG) serving the electric power generation industry.
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