Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
HighPeak Energy Inc (NASDAQ: HPK) closed the day trading at $10.94 down -7.37% from the previous closing price of $11.81. In other words, the price has decreased by -$7.37 from its previous closing price. On the day, 0.58 million shares were traded.
Ratios:
For a better understanding of HPK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.02. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 0.69. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.58.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 08 ’24 when HIGHTOWER JACK bought 17,262 shares for $14.03 per share. The transaction valued at 242,186 led to the insider holds 4,976,517 shares of the business.
HIGHTOWER JACK bought 100,000 shares of HPK for $1,554,000 on Sep 20 ’24. The Chief Executive Officer now owns 4,959,255 shares after completing the transaction at $15.54 per share. On Sep 03 ’24, another insider, HIGHTOWER JACK, who serves as the Chief Executive Officer of the company, bought 36,078 shares for $15.25 each. As a result, the insider paid 550,114 and bolstered with 4,859,255 shares of the company.
Valuation Measures:
As of this moment, HighPeak’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.42, and their Forward P/E ratio for the next fiscal year is 10.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 0.86.
Stock Price History:
Over the past 52 weeks, HPK has reached a high of $17.48, while it has fallen to a 52-week low of $11.43. The 50-Day Moving Average of the stock is -20.99%, while the 200-Day Moving Average is calculated to be -24.62%.
Shares Statistics:
A total of 126.07M shares are outstanding, with a floating share count of 18.62M. Insiders hold about 85.30% of the company’s shares, while institutions hold 20.72% stake in the company.
