Hallador Energy Co (NASDAQ: HNRG) stock enjoyed a major increase of 19.1% on 9/25/24. The shares closed at $8.86. Moreover, exceptionally high trading volume at 299% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 37.6% 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Hallador Energy has a neutral Appreciation Score of 49 but a poor Power Rating of 21, producing the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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