Hallador Energy (NASDAQ:HNRG) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Friday.

Other research analysts have also issued reports about the company. B. Riley reissued a “buy” rating on shares of Hallador Energy in a research report on Wednesday, November 1st. Zacks Investment Research raised Hallador Energy from a “sell” rating to a “hold” rating in a research report on Tuesday, August 15th.

Hallador Energy (NASDAQ HNRG) traded down $0.37 during trading hours on Friday, reaching $6.19. The company’s stock had a trading volume of 82,268 shares, compared to its average volume of 79,610. The company has a quick ratio of 0.91, a current ratio of 1.40 and a debt-to-equity ratio of 0.76. Hallador Energy has a one year low of $4.79 and a one year high of $9.87. The stock has a market capitalization of $184.52, a price-to-earnings ratio of 7.46 and a beta of -0.47.

Hallador Energy (NASDAQ:HNRG) last released its quarterly earnings data on Monday, November 6th. The energy company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01. Hallador Energy had a return on equity of 10.92% and a net margin of 2.88%. The company had revenue of $74.50 million for the quarter. research analysts predict that Hallador Energy will post 0.46 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in shares of Hallador Energy by 5.2% during the third quarter. Dimensional Fund Advisors LP now owns 700,317 shares of the energy company’s stock worth $4,006,000 after acquiring an additional 34,412 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Hallador Energy by 59.0% during the third quarter. Wells Fargo & Company MN now owns 32,393 shares of the energy company’s stock worth $185,000 after acquiring an additional 12,021 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Hallador Energy by 213.8% during the third quarter. JPMorgan Chase & Co. now owns 104,779 shares of the energy company’s stock worth $602,000 after acquiring an additional 71,384 shares during the last quarter. State Street Corp purchased a new stake in shares of Hallador Energy during the second quarter worth about $1,430,000. Finally, Vanguard Group Inc. increased its position in shares of Hallador Energy by 7.3% during the second quarter. Vanguard Group Inc. now owns 965,999 shares of the energy company’s stock worth $7,506,000 after acquiring an additional 65,994 shares during the last quarter. 55.84% of the stock is currently owned by institutional investors and hedge funds.

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Hallador Energy Company Profile

Hallador Energy Company is an oil and gas exploration company focused on developing coal reserves in the Illinois Basin. The Company, through its subsidiary, Sunrise Coal, LLC, is engaged in coal mining in the state of Indiana serving the electric power generation industry. Its projects include Carlisle Mine, Ace in the Hole Mine, Oaktown 1 Mine, Oaktown 2 Mine and Bulldog Mine.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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