Shares of HighPeak Energy, Inc. (NASDAQ:HPKEW – Get Free Report) traded down 8.9% during trading on Tuesday . The stock traded as low as $4.02 and last traded at $4.10. 10,412 shares changed hands during mid-day trading, an increase of 158% from the average session volume of 4,033 shares. The stock had previously closed at $4.50.
HighPeak Energy Trading Down 8.9 %
The stock’s 50-day moving average is $4.39 and its two-hundred day moving average is $4.96.
Institutional Investors Weigh In On HighPeak Energy
An institutional investor recently bought a new position in HighPeak Energy stock. Sanctuary Advisors LLC acquired a new stake in HighPeak Energy, Inc. (NASDAQ:HPKEW – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund 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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