HighPeak Energy Inc. (NASDAQ:HPK) went down by -10.41% from its latest closing price compared to the recent 1-year high of $38.21. The company’s stock price has collected -8.96% of loss in the last five trading sessions.
Is It Worth Investing in HighPeak Energy Inc. (NASDAQ :HPK) Right Now?
HighPeak Energy Inc. (NASDAQ:HPK) scored a price-to-earnings ratio above its average ratio, recording 25.52 x from its present earnings ratio. Plus, the 36-month beta value for HPK is at 0.62. Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for HighPeak Energy Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $45.00, which is $20.91 above the current price. HPK currently public float of 17.85M and currently shorts hold a 5.16% ratio of that float. Today, the average trading volume of HPK was 228.13K shares.
HPK’s Market Performance
HPK stocks went down by -8.96% for the week, with a monthly jump of 12.26% and a quarterly performance of -20.26%, while its annual performance rate touched 160.43%. The volatility ratio for the week stands at 7.36% while the volatility levels for the past 30 days are set at 7.44% for HighPeak Energy Inc. The simple moving average for the period of the last 20 days is -6.00% for HPK stocks with a simple moving average of 4.20% for the last 200 days.
Analysts’ Opinion of HPK
Many brokerage firms have already submitted their reports for HPK stocks, with ROTH Capital repeating the rating for HPK by listing it as a “Buy.” The predicted price for HPK in the upcoming period, according to ROTH Capital is $26.40 based on the research report published on November 09th of the previous year 2021.
Seaport Global Securities, on the other hand, stated in their research note that they expect to see HPK reach a price target of $15. The rating they have provided for HPK stocks is “Buy” according to the report published on July 22nd, 2021.
HPK Trading at 1.03% from the 50-Day Moving Average
After a stumble in the market that brought HPK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.95% of loss for the given period.
Volatility was left at 7.44%, however, over the last 30 days, the volatility rate increased by 7.36%, as shares surge +3.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.37% lower at present.
During the last 5 trading sessions, HPK fell by -8.96%, which changed the moving average for the period of 200-days by +77.26% in comparison to the 20-day moving average, which settled at $25.67. In addition, HighPeak Energy Inc. saw 64.55% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at HPK starting from THOLEN STEVEN W, who purchase 9 shares at the price of $27.34 back on Aug 25. After this action, THOLEN STEVEN W now owns 10,009 shares of HighPeak Energy Inc., valued at $246 using the latest closing price.
DEJORIA JOHN PAUL, the 10% Owner of HighPeak Energy Inc., purchase 2,313,744 shares at $21.61 during a trade that took place back on Aug 22, which means that DEJORIA JOHN PAUL is holding 7,813,744 shares at $50,000,008 based on the most recent closing price.
Stock Fundamentals for HPK
Current profitability levels for the company are sitting at:
- +46.27 for the present operating margin
- +53.34 for the gross margin
The net margin for HighPeak Energy Inc. stands at +25.24. Equity return is now at value 15.30, with 9.10 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.84.