HighPeak Energy (NASDAQ:HPKEW) Stock Price Up 6.2% – Here’s What Happened

HighPeak Energy, Inc. (NASDAQ:HPKEWGet Free Report) rose 6.2% on Friday . The company traded as high as $0.69 and last traded at $0.69. Approximately 400 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 3,725 shares. The stock had previously closed at $0.65.

HighPeak Energy Stock Performance

The stock has a fifty day simple moving average of $1.18 and a 200-day simple moving average of $2.95.

HighPeak Energy Company Profile

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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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