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

HighPeak Energy, Inc. (NASDAQ:HPKEWGet Free Report) shares traded up 5% on Thursday . The company traded as high as $4.20 and last traded at $4.20. 2,051 shares traded hands during trading, a decline of 46% from the average session volume of 3,813 shares. The stock had previously closed at $4.00.

HighPeak Energy Trading Down 9.0 %

The firm’s fifty day moving average is $4.24 and its two-hundred day moving average is $4.41.

Hedge Funds Weigh In On HighPeak Energy

A hedge fund recently bought a new stake in HighPeak Energy stock. Sanctuary Advisors LLC acquired a new stake in shares of HighPeak Energy, Inc. (NASDAQ:HPKEWFree Report) during the second quarter, according to its most recent filing with the SEC. The fund 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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