HighPeak Energy Inc (NASDAQ: HPK) on Tuesday, soared 3.62% from the previous trading day, before settling in for the closing price of $9.94. Within the past 52 weeks, HPK’s price has moved between $7.82 and $17.48.
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Annual sales at Energy sector company grew by 256.80% over the past five years. The company achieved an average annual earnings per share of -47.86%. With a float of $18.53 million, this company’s outstanding shares have now reached $126.07 million.
Let’s look at the performance matrix of the company that is accounted for 47 employees. In terms of profitability, gross margin is 48.73%, operating margin of 31.25%, and the pretax margin is 16.21%.
HighPeak Energy Inc (HPK) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of HighPeak Energy Inc is 85.30%, while institutional ownership is 20.88%. The most recent insider transaction that took place on Nov 08 ’24, was worth 242,186. In this transaction Chief Executive Officer of this company bought 17,262 shares at a rate of $14.03, taking the stock ownership to the 4,976,517 shares. Before that another transaction happened on Sep 20 ’24, when Company’s Chief Executive Officer bought 100,000 for $15.54, making the entire transaction worth $1,554,000. This insider now owns 4,959,255 shares in total.
HighPeak Energy Inc (HPK) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -47.86% per share during the next fiscal year.
HighPeak Energy Inc (NASDAQ: HPK) Trading Performance Indicators
HighPeak Energy Inc (HPK) is currently performing well based on its current performance indicators. A quick ratio of 0.48 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.25. Likewise, its price to free cash flow for the trailing twelve months is 27.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.88, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.86 in one year’s time.
Technical Analysis of HighPeak Energy Inc (HPK)
HighPeak Energy Inc (NASDAQ: HPK) saw its 5-day average volume 0.47 million, a positive change from its year-to-date volume of 0.31 million. As of the previous 9 days, the stock’s Stochastic %D was 89.18%. Additionally, its Average True Range was 0.67.
During the past 100 days, HighPeak Energy Inc’s (HPK) raw stochastic average was set at 31.41%, which indicates a significant decrease from 83.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.04% in the past 14 days, which was higher than the 70.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.42, while its 200-day Moving Average is $13.47. Nevertheless, the first resistance level for the watch stands at $10.71 in the near term. At $11.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.47. If the price goes on to break the first support level at $9.95, it is likely to go to the next support level at $9.61. The third support level lies at $9.19 if the price breaches the second support level.
HighPeak Energy Inc (NASDAQ: HPK) Key Stats
Market capitalization of the company is 1.30 billion based on 126,067K outstanding shares. Right now, sales total 1,069 M and income totals 95,070 K. The company made 234,810 K in profit during its latest quarter, and 8,980 K in sales during its previous quarter.
