Hallador Energy Co’s recent filing unveils that its Director Wesley Charles Ray IV acquired Company’s shares for reported $0.23 million on Mar 22 ’24. In the deal valued at $5.21 per share,44,000 shares were bought. As a result of this transaction, Wesley Charles Ray IV now holds 154,302 shares worth roughly $0.76 million.
Then, Wesley Charles Ray IV bought 2,100 shares, generating $11,015 in total proceeds. Upon buying the shares at $5.25, the Director now owns 110,302 shares.
Before that, HARDIE DAVID C sold 14,810 shares. Hallador Energy Co shares valued at $134,002 were divested by the Director at a price of $9.05 per share. As a result of the transaction, HARDIE DAVID C now holds 1,978,726 shares, worth roughly $9.72 million.
B. Riley Securities downgraded its Hallador Energy Co [HNRG] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including FBR & Co.’s analysts, who remained covering the stock and in mid March has reiterated a ‘”an Outperform”‘ rating for it. FBR & Co. also remained covering HNRG and reiterated its “an Outperform” recommendation on November 23, 2016. FBR & Co. maintained its rating on October 13, 2016. It rated HNRG as “an Outperform”.
Price Performance Review of HNRG
On Tuesday, Hallador Energy Co [NASDAQ:HNRG] saw its stock fall -0.41% to $4.91. Over the last five days, the stock has gained 2.83%. Hallador Energy Co shares have fallen nearly -44.46% since the year began. Nevertheless, the stocks have fallen -45.50% over the past one year. While a 52-week high of $15.79 was reached on 01/04/24, a 52-week low of $4.50 was recorded on 03/25/24. SMA at 50 days reached $6.91, while 200 days put it at $10.07. A total of 0.23 million shares were traded, compared to the trading of 0.41 million shares in the previous session.
Levels Of Support And Resistance For HNRG Stock
The 24-hour chart illustrates a support level at 4.82, which if violated will result in even more drops to 4.74. On the upside, there is a resistance level at 4.99. A further resistance level may holdings at 5.08. The Relative Strength Index (RSI) on the 14-day chart is 33.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.73%. Stochastics %K at 33.12% indicates the stock is a holding.
How much short interest is there in Hallador Energy Co?
A steep rise in short interest was recorded in Hallador Energy Co stocks on Mar 15, 2024, growing by 0.17 million shares to a total of 0.81 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 0.64 million shares. There was a rise of 21.24%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 3.35% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.28.
The most recent change occurred on November 10, 2015 when FBR Capital resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $8.
