HighPeak Energy (NASDAQ:HPKEW) Stock Price Up 23% – Still a Buy?

HighPeak Energy, Inc. (NASDAQ:HPKEWGet Free Report) rose 23% during mid-day trading on Thursday . The stock traded as high as $2.05 and last traded at $1.55. Approximately 1,278 shares traded hands during trading, a decline of 65% from the average daily volume of 3,699 shares. The stock had previously closed at $1.26.

HighPeak Energy Price Performance

The firm has a 50-day moving average price of $3.45 and a 200 day moving average price of $4.02.

About HighPeak Energy

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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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