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Hallador Energy Co [HNRG] Investment Guide: What You Need to Know

Hallador Energy Co’s filing revealed 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 $0.79 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.

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 -1.92% to $5.11. Over the last five days, the stock has gained 5.58%. Hallador Energy Co shares have fallen nearly -42.19% since the year began. Nevertheless, the stocks have fallen -36.44% over the past one year. While a 52-week high of $15.79 was reached on 01/04/24, a 52-week low of $4.33 was recorded on 04/18/24. SMA at 50 days reached $6.00, while 200 days put it at $9.78. A total of 0.3 million shares were traded, compared to the trading of 0.47 million shares in the previous session.

Levels Of Support And Resistance For HNRG Stock

The 24-hour chart illustrates a support level at 5.00, which if violated will result in even more drops to 4.90. On the upside, there is a resistance level at 5.21. A further resistance level may holdings at 5.32. The Relative Strength Index (RSI) on the 14-day chart is 47.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 21.26%. Stochastics %K at 85.03% indicates the stock is a selling.

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.

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