HighPeak Energy, Inc. (NASDAQ:HPKEW – Get Free Report)’s share price shot up 8% during mid-day trading on Wednesday . The company traded as high as $3.80 and last traded at $3.70. 441 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 4,458 shares. The stock had previously closed at $3.42.
HighPeak Energy Stock Up 8.0 %
The stock has a fifty day moving average of $3.90 and a 200-day moving average of $4.22.
Hedge Funds Weigh In On HighPeak Energy
An institutional investor recently bought a new position in HighPeak Energy stock. Sanctuary Advisors LLC bought a new stake in HighPeak Energy, Inc. (NASDAQ:HPKEW – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 23,499 shares of the company’s stock, valued at approximately $101,000.
About HighPeak Energy
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.
See Also
- Five stocks we like better than HighPeak Energy
- 3 Best Fintech Stocks for a Portfolio Boost
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- Trading Halts Explained
- Inflation Persists, But So Do Stock Opportunities: Rally On
- Basic Materials Stocks Investing
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Receive News & Ratings for HighPeak Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HighPeak Energy and related companies with MarketBeat.com's FREE daily email newsletter.
