What’s Causing Hallador Energy Co (HNRG) Stock’s 96.46% Jump Over the Last Six Months?
B. Riley Securities has recently raised Hallador Energy Co (HNRG) stock to Buy rating, as announced on May 30, 2024, according to Finviz. Earlier, on January 17, 2023, B. Riley Securities had reduced the stock from a Buy to Neutral. FBR & Co. also reiterated Outperform rating with a price target of $11. Additionally, FBR & Co. reiterated Outperform rating on November 23, 2016, with a target price of $12. FBR & Co. analysts, in their report published on October 13, 2016, also reiterated Outperform rating and set a price target of $8 for Hallador Energy Co’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Hallador Energy Co (HNRG) Stock Trading Recap
On Monday, Hallador Energy Co (HNRG) stock saw a decline, ending the day at $9.43 which represents a decrease of $-0.27 or -2.78% from the prior close of $9.7. The stock opened at $9.61 and touched a low of $9.25 during the day, reaching a high of $9.86. The volume of shares traded was 0.84 million exceeding the average volume of 0.51 million.
HNRG Stock Performance and Moving Averages
In recent trading, Hallador Energy Co (HNRG) stock price has shown some volatility, fluctuating 34.91% over the last five trades and 33.76% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 96.46%, and it has gained 14.30% in the previous three months. Currently, HNRG is trading at 37.29%, 38.35%, and 31.51% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, HNRG, a Energy sector stock, is trading -40.28% below its 52-week high but remains 117.68% above its 52-week low. The Average True Range (ATR) (14 days) of 0.58 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Hallador Energy Co’s Profitability and Valuation Ratios
Hallador Energy Co’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 0.99% and a profit margin of -1.26%, with a gross margin of 96.46%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Hallador Energy Co’s market capitalization stands at $401.72 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 34.93. Additionally, the Price-to-Sales Ratio is 0.83, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 1.27, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 33.98% of Hallador Energy Co (HNRG)’s shares, while financial institutions hold 44.36%.