Shares of HighPeak Energy, Inc. (NASDAQ:HPKEW – Get Free Report) were down 5.9% on Wednesday . The company traded as low as $3.21 and last traded at $4.00. Approximately 11,240 shares were traded during trading, an increase of 165% from the average daily volume of 4,248 shares. The stock had previously closed at $4.25.
HighPeak Energy Stock Performance
The business has a 50 day moving average of $4.61 and a two-hundred day moving average of $5.63.
Institutional Trading of HighPeak Energy
A hedge fund recently bought a new stake in HighPeak Energy stock. Sanctuary Advisors LLC acquired a new stake in HighPeak Energy, Inc. (NASDAQ:HPKEW – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 23,499 shares of the company’s stock, valued at approximately $101,000.
About HighPeak Energy
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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