Hallador Energy Company (NASDAQ:HNRG) could be one of the worst stocks that investors may not want to consider for their portfolio today as the company shares are trading 4.58% or 0.27 points down from last closing price of $5.9, reaching $5.63 at last check. Any clue why there is so much of action in the HNRG stock? The share price has dropped in 1 of the last 5 days and is up 7.66% over the past week. It will be exciting to see whether the stock manages to continue decreasing or take a minor break for the next few days. The move came on solid volume too with far more shares changing hands than in a normal session. Trading activity as of this writing strengthened by 9,638 shares, and in total 150238 shares valued at $845840 were seen changing hands compared with 140600 shares valued at $829540 recorded at the previous session. You should take into consideration that a greater volume on lower prices causes the situation where nobody wants to continue with their long position and wants to exit from the HNRG stock.
Hallador Energy Company (HNRG) shares have notched a 3-month gain of about 7.66%, but has still advanced 16.37% year to date. By comparison, the stock sank -20.05% over the past 12 months, while it jumped 15.23% over the 1 month. The company’s market cap is around $174.7M, with its short interest ratio standing at 1.52%.
In the current trading session for HNRG, the stock witnessed two major price actions, it rose to a high of $5.88 and was down as much as $5.49 at one point. The high recorded is very low when compared to their 52-week high which is $4.75. The 52-week high is now at -28.96 distance from current price. Their recent low of $7.98 represents a 19.35% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. The price target currently for HNRG is $10, this is above the recent high that the stock attained. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.
The stock of Hallador Energy Company earned $0.4 per share in the trailing 12 months and has a P/E ratio of 14.08. You can compare it with that of similar companies in its industry to get a sense of whether the stock you’re looking to purchase is overvalued or undervalued. Its current price to earnings ratio is higher than the ones recorded by the industry which is 6.92 and higher compared to the sector’s average of 9.82. When the P/E ratio is low let’s say below 1.0, then the stock price is considered a good value. HNRG also has P/S multiple of 0.53. This is smaller versus the 12 month P/S ratios of other companies in the same indutry. The peer average price to sales ratio is 1.04x.
The company recorded an interesting insider purchase transaction by the Director on Nov 13, 2018. A Securities and Exchanges Commission filings show that Charles Ray Iv Wesley bought a total of 8,347 HNRG shares that day for a sum of around $50,249. The filings show that the insider stake has now grown to 8,347 shares, currently worth $46,994. Hallador Energy Company (HNRG) insiders have acquired 14,699 shares in the stock within the past three months. The total insider sales reported to the SEC in that time frame amounted to 1,000,000 shares. In total, individual insiders traded 1,014,699 shares in the business, which makes up 20.432% of 4,966,146 shares that were traded over a year. In the past 12 months, insiders have purchased 50,787 shares while the seller parted with 4,915,359 shares.
HNRG‘s last price was down -0.5% as compared to the average trading price of 50 days recorded at $5.66 while enlarging the period to 200 trading days, the average closing price was $5.21. At present, there are 29.61 million in the total number of common shares owned by the public and among those 22.35 million shares have been available to trade. The percentage of shares being held by the company management was 11.5% while institutions stake was 48.2%. The company has generated positive returns on equity over the last 12 months (4.8%). It managed to keep its gross profit margin at 25.9% over the past 12 months.
When assessing the full upside of the HNRG stock, there is another set of technicals that should be looked into and considered. Its 8.67% gain from moving average of $5.18 has brought about a positive sentiment when calculated over the last 20 days. The market has allocated a beta of -0.11 to the stock. With the beta been less than one, this implies that the company shares are theoretically less volatile than the market, something that the traders definitely are keeping an eye on.
In the last five years, the EPS of the company has been roughly -20.4%. Though the percentage looks disappointing, extra headwinds are emerging as looking out over a next 5-year period, with analysts estimating that their earnings will decrease annually by 0%. The revenue of the company has risen at an average annualized rate of about 13.8 over the last five years. The company recently recorded an increase of 28.8%, but this figure is rather attractive.
Let’s briefly check the hedge fund interest towards HNRG stock. Cornercap Investment Counsel Inc. added position in the company after it grew 8.3% or 224,455 shares of its common stock. The hedge fund now owns 243,085 shares worth $1,368,569, SEC documents show. Charles Schwab Investment Management Inc. shored up assets in the stock as 35923.14 shares have been purchased, increasing its stake by 17.1% to 42,066 shares which are currently valued at $236,832. In addition, Renaissance Technologies LLC recently reported that it now owns 375,900 shares making a total of $2,116,317 based on the recent price. This refelects a change of 15.7% in their ownership.