KD Logo

Hallador Energy Co [HNRG] Investment Appeal on the Rise

Hallador Energy Co’s recent filing unveils that its Director Gray Zarrell Thomas acquired Company’s shares for reported $13000.0 on Aug 29 ’24. In the deal valued at $6.50 per share,2,000 shares were bought. As a result of this transaction, Gray Zarrell Thomas now holds 51,000 shares worth roughly $0.32 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Gray Zarrell Thomas bought 1,000 shares, generating $7,750 in total proceeds. Upon buying the shares at $7.75, the Director now owns 48,000 shares.

Before that, Gray Zarrell Thomas bought 1,000 shares. Hallador Energy Co shares valued at $7,000 were divested by the Director at a price of $7.00 per share. As a result of the transaction, Gray Zarrell Thomas now holds 49,000 shares, worth roughly $0.3 million.

B. Riley Securities upgraded its Hallador Energy Co [HNRG] rating to a Buy from a a Neutral in a research note published on May 30, 2024; the price target was increased to $9 from $8. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Neutral”. FBR & Co. also remained covering HNRG and reiterated its “an Outperform” recommendation on March 15, 2017. FBR & Co. maintained its rating on November 23, 2016. It rated HNRG as “an Outperform”.

Price Performance Review of HNRG

On Tuesday, Hallador Energy Co [NASDAQ:HNRG] saw its stock jump 4.22% to $6.18. Over the last five days, the stock has lost -4.48%. Hallador Energy Co shares have fallen nearly -30.09% since the year began. Nevertheless, the stocks have fallen -45.26% 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 $7.04, while 200 days put it at $7.51.

Levels Of Support And Resistance For HNRG Stock

The 24-hour chart illustrates a support level at 5.96, which if violated will result in even more drops to 5.75. On the upside, there is a resistance level at 6.35. A further resistance level may holdings at 6.52. The Relative Strength Index (RSI) on the 14-day chart is 45.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.49%. Stochastics %K at 20.89% 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 2024-08-15, growing by 18229.0 shares to a total of 1.1 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 1.08 million shares. There was a rise of 1.66%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on October 13, 2016 when FBR & Co. resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $8.

Most Popular