HighPeak Energy (NASDAQ:HPKEW) Stock Price Down 2.7% – Here’s What Happened

HighPeak Energy, Inc. (NASDAQ:HPKEWGet Free Report) traded down 2.7% during trading on Tuesday . The company traded as low as $4.01 and last traded at $3.90. 772 shares were traded during trading, a decline of 76% from the average session volume of 3,261 shares. The stock had previously closed at $4.01.

HighPeak Energy Stock Performance

The firm has a 50 day moving average price of $4.27 and a two-hundred day moving average price of $4.38.

Hedge Funds Weigh In On HighPeak Energy

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

HighPeak Energy Company Profile

(Get Free Report)

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.

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