Stock Traders Purchase Large Volume of Call Options on Hallador Energy (NASDAQ:HNRG)

Hallador Energy (NASDAQ:HNRG) saw some unusual options trading on Monday. Investors purchased 3,454 call options on the stock. This is an increase of approximately 132% compared to the typical daily volume of 1,490 call options.

Analyst Ratings Changes

Separately, Alliance Global Partners began coverage on Hallador Energy in a research report on Monday, December 9th. They issued a “buy” rating and a $17.00 price target for the company.

Institutional Investors Weigh In On Hallador Energy

A number of hedge funds have recently made changes to their positions in the business. Squarepoint Ops LLC grew its position in Hallador Energy by 493.7% during the fourth quarter. Squarepoint Ops LLC now owns 84,108 shares of the energy company’s stock valued at $963,000 after buying an additional 69,941 shares during the period. Wexford Capital LP bought a new position in shares of Hallador Energy during the 4th quarter valued at approximately $785,000. Two Sigma Investments LP increased its stake in shares of Hallador Energy by 53.4% during the 4th 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. Taconic Capital Advisors LP raised its holdings in shares of Hallador Energy by 5.7% in the 4th quarter. Taconic Capital Advisors LP now owns 464,732 shares of the energy company’s stock worth $5,321,000 after purchasing an additional 25,008 shares during the period. Finally, Point72 Asset Management L.P. lifted its stake in Hallador Energy by 4,460.2% in the fourth quarter. Point72 Asset Management L.P. now owns 1,097,500 shares of the energy company’s stock valued at $12,566,000 after purchasing an additional 1,073,433 shares during the last quarter. 61.38% of the stock is currently owned by institutional investors.

Hallador Energy Trading Up 3.3 %

NASDAQ:HNRG opened at $11.48 on Tuesday. Hallador Energy has a 52 week low of $4.33 and a 52 week high of $14.00. The firm has a 50-day moving average price of $10.98 and a two-hundred day moving average price of $10.47. 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 firm has a market cap of $489.24 million, a price-to-earnings ratio of -20.87 and a beta of 0.55.

Hallador Energy (NASDAQ:HNRG) last issued its quarterly earnings results on Monday, March 17th. The energy company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%. On average, equities analysts expect that Hallador Energy will post -0.31 earnings per share for the current fiscal year.

About Hallador Energy

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.