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Hallador Energy Co (HNRG) Stock: What Does the Chart Say Wednesday?

Wednesday, June 22, 2022 02:07 PM | InvestorsObserver Analysts

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Hallador Energy Co (HNRG) Stock: What Does the Chart Say Wednesday?

Overall market sentiment has been neutral on Hallador Energy Co (HNRG) stock lately. HNRG receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,neutral
Hallador Energy Co has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on HNRG!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With HNRG Stock Today?

Hallador Energy Co (HNRG) stock has fallen -3.12% while the S&P 500 has risen 0.65% as of 2:06 PM on Wednesday, Jun 22. HNRG is lower by -$0.23 from the previous closing price of $7.38 on volume of 564,855 shares. Over the past year the S&P 500 is down -10.31% while HNRG has risen 172.90%. HNRG lost -$0.42 per share in the over the last 12 months. To screen for more stocks like Hallador Energy Co click here.

More About Hallador Energy Co

Hallador Energy Co is a coal mining company with operations in Indiana, USA, and it is part of the electric power generation industry. The company also has equity interests in oil and gas exploration companies in both Indiana and Michigan. The company sells the majority of its coal to large scrubbed coal-fired power plants in Indiana. The operating business segments includes two Oaktown underground mines located in southwestern Indiana. Click Here to get the full Stock Report for Hallador Energy Co stock.

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