HighPeak Energy (NASDAQ:HPKEW) Trading 16.5% Higher – Time to Buy?

HighPeak Energy, Inc. (NASDAQ:HPKEWGet Free Report) shares shot up 16.5% during trading on Thursday . The company traded as high as $1.90 and last traded at $1.84. 1,096 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 3,700 shares. The stock had previously closed at $1.58.

HighPeak Energy Price Performance

The firm’s 50-day simple moving average is $2.67 and its 200 day simple moving average is $3.71.

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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