HighPeak Energy (NASDAQ:HPKEW) Shares Down 44.3% – Should You Sell?

HighPeak Energy, Inc. (NASDAQ:HPKEWGet Free Report) traded down 44.3% on Tuesday . The stock traded as low as $0.31 and last traded at $0.39. 2,921 shares traded hands during trading, a decline of 23% from the average session volume of 3,781 shares. The stock had previously closed at $0.70.

HighPeak Energy Stock Performance

The firm has a fifty day simple moving average of $0.79 and a two-hundred day simple moving average of $2.14.

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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