Hallador Energy Sees Unusually High Options Volume (NASDAQ:HNRG)

Hallador Energy (NASDAQ:HNRG) saw some unusual options trading activity on Monday. Traders purchased 10,181 call options on the company. This represents an increase of approximately 365% compared to the typical volume of 2,190 call options.

Institutional Trading of Hallador Energy

Hedge funds and other institutional investors have recently modified their holdings of the company. Rhumbline Advisers grew its holdings in shares of Hallador Energy by 2.5% during the first quarter. Rhumbline Advisers now owns 37,607 shares of the energy company’s stock worth $462,000 after buying an additional 935 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Hallador Energy by 1,391.0% during the 1st quarter. GAMMA Investing LLC now owns 6,128 shares of the energy company’s stock worth $750,000 after acquiring an additional 5,717 shares in the last quarter. Squarepoint Ops LLC raised its holdings in shares of Hallador Energy by 493.7% in the fourth quarter. Squarepoint Ops LLC now owns 84,108 shares of the energy company’s stock valued at $963,000 after purchasing an additional 69,941 shares during the last quarter. Wexford Capital LP bought a new stake in shares of Hallador Energy in the fourth quarter worth $785,000. Finally, Two Sigma Investments LP boosted its holdings in Hallador Energy by 53.4% during the fourth quarter. Two Sigma Investments LP now owns 19,531 shares of the energy company’s stock worth $224,000 after purchasing an additional 6,800 shares during the last quarter. Institutional investors and hedge funds own 61.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on HNRG. B. Riley raised their price target on Hallador Energy from $13.00 to $15.00 and gave the company a “buy” rating in a report on Tuesday, April 1st. StockNews.com raised Hallador Energy from a “sell” rating to a “hold” rating in a report on Monday, April 7th.

Hallador Energy Trading Up 1.7 %

HNRG stock traded up $0.23 during midday trading on Monday, hitting $13.59. 333,114 shares of the company’s stock were exchanged, compared to its average volume of 544,981. The company has a market cap of $579.19 million, a PE ratio of -24.71 and a beta of 0.18. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.17 and a current ratio of 0.58. The stock’s fifty day moving average price is $11.13 and its 200-day moving average price is $11.25. Hallador Energy has a one year low of $4.33 and a one year high of $14.69.

Hallador Energy (NASDAQ:HNRG) last announced its earnings results on Monday, March 17th. The energy company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.03) by $0.01. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. The firm had revenue of $94.80 million for the quarter, compared to the consensus estimate of $102.46 million. Research analysts predict that Hallador Energy will post -0.31 earnings per share for the current fiscal year.

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.