HighPeak Energy Inc (NASDAQ: HPK) is 10.32% higher on its value in year-to-date trading and has touched a low of $10.44 and a high of $18.42 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HPK stock was last observed hovering at around $14.34 in the last trading session, with the day’s gains setting it 1.37%.
Currently trading at $15.71, the stock is 6.04% and 2.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing 9.55% at the moment leaves the stock 3.08% off its SMA200. HPK registered -6.54% loss for a year compared to 6-month loss of -2.18%.
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The stock witnessed a 2.21% gain in the last 1 month and extending the period to 3 months gives it a 11.34%, and is 10.71% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.94% over the week and 3.49% over the month.
HighPeak Energy Inc (HPK) has around 48 employees, a market worth around $2.02B and $1.18B in sales. Current P/E ratio is 12.81 and Fwd P/E is 11.43. Profit margin for the company is 13.21%. Distance from 52-week low is 50.48% and -14.71% from its 52-week high. The company has generated returns on investments over the last 12 months (6.08%).
HighPeak Energy Inc quarterly earnings per share for the current quarter are estimated at $0.49 with sales reaching $291.57M over the same period.The EPS is expected to shrink by -1.14% this year, but quarterly earnings will post 1.40% year-over-year. Quarterly sales are estimated to grow 19.50% in year-over-year returns.
The shares outstanding are 128.42M, and float is at 20.71M with Short Float at 19.93%.
HighPeak Energy Inc (HPK) Insider Activity
The most recent transaction is an insider purchase by Hollis Michael L., the company’s President. SEC filings show that Hollis Michael L. bought 9,256 shares of the company’s common stock on Nov 18 ’33 at a price of $22.42 per share for a total of $0.21 million. Following the purchase, the insider now owns 0.25 million shares.
HighPeak Energy Inc disclosed in a document filed with the SEC on Dec 29 ’23 that HIGHTOWER JACK (Chief Executive Officer) bought a total of 50,000 shares of the company’s common stock. The trade occurred on Dec 29 ’23 and was made at $14.69 per share for $0.73 million. Following the transaction, the insider now directly holds 4.67 million shares of the HPK stock.
Still, SEC filings show that on Dec 28 ’23, HIGHTOWER JACK (Chief Executive Officer) acquired 104,715 shares at an average price of $14.78 for $1.55 million. The insider now directly holds 4,622,863 shares of HighPeak Energy Inc (HPK).
