HighPeak Energy (NASDAQ:HPKEW) Trading Up 5% – What’s Next?

HighPeak Energy, Inc. (NASDAQ:HPKEW) shares traded up 5% on Tuesday . The stock traded as high as $4.70 and last traded at $4.20. 2,538 shares were traded during trading, a decline of 36% from the average session volume of 3,963 shares. The stock had previously closed at $4.00.

HighPeak Energy Trading Up 5.0 %

The firm’s 50 day moving average price is $4.24 and its two-hundred day moving average price is $4.67.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in HighPeak Energy stock. Sanctuary Advisors LLC bought a new position in HighPeak Energy, Inc. (NASDAQ:HPKEW) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 23,499 shares of the company’s stock, valued at approximately $101,000.

HighPeak Energy Company Profile

HighPeak Energy, Inc, an independent oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids reserves in the Permian Basin in West Texas and Eastern New Mexico. The company was incorporated in 2019 and is headquartered in Fort Worth, Texas.