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In the latest session, HighPeak Energy Inc (NASDAQ: HPK) closed at $13.88 down -4.80% from its previous closing price of $14.58. In other words, the price has decreased by -$4.80 from its previous closing price. On the day, 0.68 million shares were traded. HPK stock price reached its highest trading level at $14.61 during the session, while it also had its lowest trading level at $13.82.
Ratios:
For a deeper understanding of HighPeak Energy Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 642.92. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.62.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on May 23, 2024, Upgraded its rating to Hold and sets its target price to $13 from $10 previously.
On April 24, 2023, Truist started tracking the stock assigning a Sell rating and target price of $10.
On November 09, 2021, ROTH Capital started tracking the stock assigning a Buy rating and target price of $26.40.ROTH Capital initiated its Buy rating on November 09, 2021, with a $26.40 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 20 ’24 when HIGHTOWER JACK bought 100,000 shares for $15.54 per share. The transaction valued at 1,554,000 led to the insider holds 4,959,255 shares of the business.
HIGHTOWER JACK bought 36,078 shares of HPK for $550,114 on Sep 03 ’24. The Chief Executive Officer now owns 4,859,255 shares after completing the transaction at $15.25 per share. On Aug 30 ’24, another insider, HIGHTOWER JACK, who serves as the Chief Executive Officer of the company, bought 17,827 shares for $15.95 each. As a result, the insider paid 284,268 and bolstered with 4,823,177 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HPK now has a Market Capitalization of 1852355456 and an Enterprise Value of 2709962496. As of this moment, HighPeak’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.71, and their Forward P/E ratio for the next fiscal year is 9.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 2.24 whereas that against EBITDA is 2.84.
Stock Price History:
Over the past 52 weeks, HPK has reached a high of $18.42, while it has fallen to a 52-week low of $12.20. The 50-Day Moving Average of the stock is -8.72%, while the 200-Day Moving Average is calculated to be -6.91%.
Shares Statistics:
For the past three months, HPK has traded an average of 328.38K shares per day and 587340 over the past ten days. A total of 128.42M shares are outstanding, with a floating share count of 19.33M. Insiders hold about 84.83% of the company’s shares, while institutions hold 19.84% stake in the company. Shares short for HPK as of 1726185600 were 4732020 with a Short Ratio of 14.41, compared to 1723680000 on 4548460. Therefore, it implies a Short% of Shares Outstanding of 4732020 and a Short% of Float of 19.67.
Dividends & Splits
According to the company, the forward annual dividend rate for HPK is 0.14, from 0.145 in the trailing year. Against a Trailing Annual Dividend Yield of 0.00994513
