HighPeak Energy Inc’s filing revealed that its President Hollis Michael L. acquired Company’s shares for reported $0.21 million on Nov 18 ’33. In the deal valued at $22.42 per share,9,256 shares were bought. As a result of this transaction, Hollis Michael L. now holds 249,887 shares worth roughly $3.6 million.
Then, HIGHTOWER JACK bought 50,000 shares, generating $734,340 in total proceeds. Upon buying the shares at $14.69, the Chief Executive Officer now owns 4,672,863 shares.
Before that, HIGHTOWER JACK bought 104,715 shares. HighPeak Energy Inc shares valued at $1,547,918 were divested by the Chief Executive Officer at a price of $14.78 per share. As a result of the transaction, HIGHTOWER JACK now holds 4,622,863 shares, worth roughly $66.52 million.
Truist initiated its HighPeak Energy Inc [HPK] rating to a Sell in a research note published on April 24, 2023; the price target was $10. A number of analysts have revised their coverage, including ROTH Capital’s analysts, who began to cover the stock in early November with a ‘”a Buy”‘ rating. Seaport Global Securities began covering HPK with “Buy” recommendation on July 22, 2021.
Price Performance Review of HPK
On Tuesday, HighPeak Energy Inc [NASDAQ:HPK] saw its stock jump 0.07% to $14.39. Over the last five days, the stock has gained 1.27%. HighPeak Energy Inc shares have risen nearly 1.05% since the year began. Nevertheless, the stocks have fallen -10.84% over the past one year. While a 52-week high of $18.42 was reached on 03/01/24, a 52-week low of $10.44 was recorded on 02/02/24. SMA at 50 days reached $15.42, while 200 days put it at $15.24. A total of 0.26 million shares were traded, compared to the trading of 0.16 million shares in the previous session.
Levels Of Support And Resistance For HPK Stock
The 24-hour chart illustrates a support level at 14.13, which if violated will result in even more drops to 13.87. On the upside, there is a resistance level at 14.70. A further resistance level may holdings at 15.01. The Relative Strength Index (RSI) on the 14-day chart is 41.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.24%. Stochastics %K at 36.83% indicates the stock is a holding.
