Stock Rating Upgrade
The Value Trend Rating for Hallador Energy Co (NASDAQ: HNRG) improved in recent days from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Hallador Energy Co (NASDAQ: HNRG) stock increased 1.8% on 8/9/24. The shares closed at $5.73. This advance was accompanied by normal trading volume. Relative to the market the stock has been extremely weak over the last nine months and has declined -24.0% during the last week.
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 C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Hallador Energy has a good Appreciation Score of 81 but a very low Power Rating of 10, triggering the Low Neutral Value Trend Rating.
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