HighPeak Energy Inc (NASDAQ:HPK) shares, rose in value on Friday, May 09, with the stock price up by 4.94% to the previous day’s close as strong demand from buyers drove the stock to $9.14.
Actively observing the price movement in the last trading, the stock closed the session at $8.71. The PE ratio was 13.72 over 12-month period. Referring to stock’s 52-week performance, its high was $17.48, and the low was $7.82. On the whole, HPK has fluctuated by -6.73% over the past month.
With the market capitalization of HighPeak Energy Inc currently standing at about $1.15 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.16, with its dividend yield at 1.75%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HPK’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 4.93, with the price of HPK currently trading nearly 3.98% and -13.04% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.12, while the 7-day volatility ratio is showing 5.27% which for the 30-day chart, stands at 6.50%. Furthermore, HighPeak Energy Inc (HPK)’s beta value is 1.01, and its average true range (ATR) is 0.63.
A comparison of HighPeak Energy Inc (HPK) with its peers suggests the former has fared considerably weaker in the market. HPK showed an intraday change of 4.94% in last session, and over the past year, it shrunk by -36.48%%.
Data on historical trading for HighPeak Energy Inc (NASDAQ:HPK) indicates that the trading volumes over the past 3 months, they’ve averaged 323.31K. According to company’s latest data on outstanding shares, there are 126.07 million shares outstanding.
Nearly 85.30% of HighPeak Energy Inc’s shares belong to company insiders and institutional investors own 20.79% of the company’s shares. The stock has fallen by -37.82% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HPK stock heading into the next quarter.
