HighPeak Energy Inc (NASDAQ:HPK) price on Friday, March 21, fall -0.40% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $12.47.
A look at the stock’s price movement, the close in the last trading session was $12.52, moving within a range at $12.28 and $12.485. The beta value (5-Year monthly) was 0.771 while the PE ratio in trailing twelve months stood at 18.72. Turning to its 52-week performance, $17.48 and $10.66 were the 52-week high and 52-week low respectively. Overall, HPK moved -10.55% over the past month.
HighPeak Energy Inc’s market cap currently stands at around $1.57 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-09. The company has a Forward Dividend ratio of 0.16, with its dividend yield at 1.28%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 257.95M for the company’s revenue for the quarter, with a low and high estimate of 253M and 262.9M respectively. The average forecast suggests down to a -10.36% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.04B, representing a -2.46% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that HPK is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
The technical evaluation for the stock shows the PEG ratio is 5.54, with HPK’s current price about 2.44% and -7.00% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 48.51, while 7-day volatility ratio is 3.82% and 5.48% in the 30-day chart. Further, HighPeak Energy Inc (HPK) has a beta value of 0.84, and an average true range (ATR) of 0.61. Analysts have given the company’s stock an average 52-week price target of $12, forecast between a low of $12 and high of $12. Looking at the price targets, the low is 3.77% off current price level while to achieve the yearly target high, price needs to move 3.77%. Nonetheless, investors will most likely welcome a 3.77% jump to $12 which is the analysts’ median price.
If we refocus on HighPeak Energy Inc (NASDAQ:HPK), historical trading data shows that trading volumes averaged 0.4 over the past 10 days and 264.59K over the past 3 months. The company’s latest data on shares outstanding shows there are 126.07 million shares.
The 85.30% of HighPeak Energy Inc’s shares are in the hands of company insiders while institutional holders own 20.82% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.53 million on 2025-02-28, giving us a short ratio of 24.14. The data shows that as of 2025-02-28 short interest in HighPeak Energy Inc (HPK) stood at 2397.9999 of shares outstanding, with shares short rising to 4.85 million registered in 2025-01-31. Current price change has pushed the stock -15.17% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HPK stock continues to rise going into the next quarter.
