Hallador Energy Chairman Purchases $129,700 in Stock (HNRG)
Hallador Energy (NASDAQ:HNRG) Chairman Victor P. Stabio bought 10,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, August 19th. The stock was purchased at an average cost of $12.97 per share, for a total transaction of $129,700.00. Following the purchase, the chairman now directly owns 116,180 shares in the company, valued at approximately $1,506,855. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Hallador Energy (NASDAQ:HNRG) traded down 4.17% on Tuesday, hitting $13.32. 198,625 shares of the company’s stock traded hands. Hallador Energy has a 52 week low of $6.58 and a 52 week high of $14.35. The stock has a 50-day moving average of $12.69 and a 200-day moving average of $9.7. The company has a market cap of $383.2 million and a P/E ratio of 25.27.
Hallador Energy (NASDAQ:HNRG) last issued its quarterly earnings data on Monday, August 18th. The company reported $0.10 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.13 by $0.03. Analysts expect that Hallador Energy will post $0.46 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Cowen and Company raised their price target on shares of Hallador Energy from $10.50 to $16.00 in a research note on Wednesday, August 6th. Separately, analysts at Brean Capital raised their price target on shares of Hallador Energy from $11.00 to $16.00 in a research note on Thursday, July 17th. They now have a “buy” rating on the stock. Finally, analysts at TheStreet downgraded shares of Hallador Energy from a “buy” rating to a “hold” rating in a research note on Thursday, May 22nd.
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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