Hallador Energy Co (NASDAQ: HNRG) stock closed at $6.84 on 5/23/24 after a major increase of 12.0%. Moreover, this advance was accompanied by exceptionally high trading volume at 294% of normal. The stock has risen 13.2% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
HNRG is expected to be a modest Value Eraser reflecting capital returns that are forecasted to be below the cost of capital.
Hallador Energy has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Hallador Energy has a neutral Appreciation Score of 53 but a very low Power Rating of 5, triggering the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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