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HighPeak Energy Inc. (NASDAQ:HPK) gain 4.31% – Is It right time to buy?

How have the shares performed?

HighPeak Energy Inc. (HPK) saw an uptrend of 4.31% in the recent trading with $10.90 being its most recent. The current price level -50.05% lower than the highest price of $21.82 marked by the stock while trading over the past 52-weeks, whereas it is 159.52% higher than the lowest price of $4.20 the company dropped to over past 52-weeks. The latest news story on HPK appeared in GlobeNewswire under the title “HighPeak Energy, Inc. Announces Financial and Operational Updates, an Increase to its Borrowing Base and its Addition to the Russell 2000® and Russell 3000® Indexes” on Jun-24-21.


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Squeezing the time span to 30 day period shows us the stock is currently trading -2.98% below one month high and is +20.04% above of the lowest during that time. Looking into the simple moving average, HighPeak Energy Inc. (HPK)’s stock stands at a SMA-50 of $9.36 while that of 5-day is reading $10.11.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and HPK’s SMA-200 as of now is $9.63.

HighPeak Energy Inc. Earnings – What Happened With HPK

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $25.72 billion.

HPK – HighPeak Energy Inc. Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 92.59 million. HPK does have institutional investors; and they hold 2.30% of the stock.

HighPeak Energy Inc. – Insider Activity and Holdings

Moreover, the latest SEC filings also revealed that stock came across 7 new insider purchases involving 344,002 shares. On the other hand, HPK declared 67,310 shares have been sold in 4 insider transactions over the past three months.

As on Mar 30, 2021, Syntal Capital Partners, LLC was the top most holder in HighPeak Energy Inc. (NASDAQ:HPK) with an ownership of 0.8 million shares of the company or 0.87% of the stake worth $4.86 million. The filing also reveals Millennium Management LLC as the second largest holder in the company with a control over 0.27% of the outstanding shares. Its stake is worth $1.53 million for having 0.25 million shares in hand.

Vanguard Group, Inc. (The) also came holding a key position in the company during the recent quarter and it now holds 0.20% of the outstanding shares. With this there are now 29 institutions which have possession in HPK’s shares.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by HighPeak Energy Inc. was 1.48 while posting a debt to equity ratio of 0.00. The count was 0.02 for long-term debt to equity ratio.

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Technical Analysis of HighPeak Energy Inc. (NASDAQ:HPK) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for HighPeak Energy Inc. (HPK), we notice that the stock’s 20-day average volume is at 67,970 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 58,256 shares. And to end, HPK’s 100-day average volume is 119,309 shares with 50% of the long-term indicators pointing towards Buy for the stock.

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