Hallador Energy Company (HNRG) was one of the best performers amongst all companies listed in the basic materials sector on the NYSE and NASDAQ exchanges during trading on September 22, climbing 4.48% to wrap the day at $8.17 after closing the day prior at $7.82. Throughout the trading session, shares of HNRG rose as high as $8.18 and dipped as low as $7.83. Today’s advance came with about 141,917 shares changing hands, compared to an average 30-day volume of 199,879 for Hallador Energy Company. The price is currently below the 30-day volume weighted average price of $7.99 for HNRG.
The share appreciation today gives the company a market capitalization of $228.74 million based upon 29.25 million shares outstanding. It also means that HNRG has a price-to-book ratio of 1.05:1.
In the past 52 weeks, shares of HNRG have traded as low as $3.95 and as high as $7.94. Technical traders will take note that at $8.17, shares of HNRG are trading above their 200-day MA at $4.97 and above their 50-day MA at $5.9. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.
Who is HNRG?
Hallador Energy Company is engaged in coal production in the State of Indiana. The company’s 740 employees are led by CEO Brent K. Bilsland from the corporate headquarters at 1660 Lincoln Street in Denver, CO.
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