Hallador Energy Co (NASDAQ: HNRG) stock suffered a major decline of -10.4% on 3/15/24. The shares closed at $6.54. Moreover, this decline was accompanied by exceptionally high trading volume at 329% of normal. The stock has been weak relative to the market over the last nine months and has declined -25.8% during the last week.
Current PriceTarget Research Rating
HNRG is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Hallador Energy has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Hallador Energy has a good Appreciation Score of 74 but a slightly negative Power Rating of 31, triggering the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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